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Current Accounts Charges
These charges are applicable from 1st February 2010 excluding AL Dana segment
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| Charge Items |
Requirements / Charges |
| Account Opening Amount |
AED 5000/- or Salary transfer of at least AED 5000/- |
| Minimum average monthly credit balances |
|
Individuals |
| AED |
AED |
5,000 |
| US Dollars |
USD |
1,500 |
| STG Pounds |
STG |
1,500 |
| Euro |
EUR |
1,500 |
| Other (equivalent of AED) |
AED |
5,000 |
Monthly charges if minimum
average
balances are not maintained |
|
Individuals |
| AED |
AED |
75 |
| US Dollars |
USD |
30 |
| STG Pounds |
STG |
25 |
| Euro |
EUR |
25 |
| Other (equivalent of AED) |
AED |
75 |
| Interest on Debit balances: |
| Casual Overdrafts |
AED 14% p.a. min AED 200 |
| Facility Overdrafts |
As per Agreement |
| Excess over Limit |
Penalty of 2% above agreed rate |
| Minimum Interest charge |
AED 200 |
| Certified Cheques |
AED 200 |
| Returned Cheques charges : |
| Due to Non-Sufficient Funds |
AED 200 |
| Cheque Deposits, if returned |
Free |
| Cheque Books |
| Standard Cheque Books |
First cheque book on opening account : Free
Additional Cheques book: AED 1 per leaf + courier charges |
| Cheque Books not collected for over 1 Month |
Individual AED 10 |
| Closing Accounts |
| [Within 6 months] |
AED 100 |
| Inactive Accounts (Over 5 years) |
| Yearly service charge |
AED 200 |
* For Al Dana Current Account, please refer to AL Dana Products |
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