| List of charges | Requirements / Charges |
| Account Currency | AED, USD, GBP, EURO, JPY, CNY |
| Minimum monthly average balance | AED 0 |
| Non-maintenance of Minimum Relationship Balance Charges | AED 0 |
| Monthly Account Maintenance Fee | AED 250 |
| Standing Instructions | |
|---|
| Set up fee | AED50 |
| Execution Charge | AED15 Per Transaction |
| Failure due to insufficient funds | AED100 Per Transaction
|
| Amendment/ Cancellation | AED20 per set up |
| Remittances Incoming | |
|---|
| Local within UAE | AED1 |
| International Remittance | AED 20 / USD 10 / EUR10 |
Remittances Outgoing
| Manual | Electronic |
| Local Remittances - per transaction | AED 75 | AED 20 |
| International Remittances - per transaction | AED100 | AED 35 |
| Transfer within Own Account | AED 60
| Free |
Recall of Telex Transfer
| AED100 | AED100 |
| Managers Cheques/Demand Draft | |
|---|
| | Manual | Electronic |
| Managers Cheques - per cheque | AED20 | AED20 |
| Demand Drafts - per cheque | AED20 | AED20 |
| Stopped demand draft/managers cheque | AED50 | AED50 |
| Cheques |
| Cheque Book |
1st cheque book free
Additional 50 leaf cheque book AED50
|
| Inward clearing (payments made by clients) |
Free |
| Special clearing (inward and outward) |
AED205 |
| Outward clearing |
Free |
| Return cheques: Inward clearing (payments made by clients) |
AED500 |
| Post dated cheque (PDC) collection |
AED10 per cheque |
| PDC date extension |
AED25 per cheque |
| PDC withdrawal |
AED25 per cheque |
| Cash Deposit |
Over the counter - Teller transactions
|
AED 50 per transaction |
| Through Cash deposit machine |
Free |
| Cash Cheque Withdrawal |
| Over the counter - Teller transactions |
AED40 per transaction |
| CBD ATM |
Free |
| Payroll (Rateb Payroll Card) |
| One time set up cost |
AED500 for companies less than 50 employees |
AED1,500 for companies with more than 50 employees |
| | Electronic |
| Rateb Payroll Processing WPS |
AED 7 per card. MOL ID will incur a charge of AED 100 monthly |
| Rateb Payroll statement |
Free |
| WPS transfers to other banks |
AED3 per record |
| Non WPS transfers to other banks |
AED50 per bank |
| Miscellaneous Charges |
| Stop payment of cheque |
AED100 per cheque |
| Stop payment of lost cheque book |
AED500 per cheque book |
| Bank statement - Manual issuance |
AED100 per request per monthly statement |
| Audit/Balance Sheet letter/ reference letter |
AED250 per item |
| Swift Copies of Remittance |
AED100 per message |
| Retrieval of transaction record |
Less than 6 months: AED 50
Greater than 6 months: AED 100 |
| Non - submission of renewed Trade License copy (expired trade license) |
AED 300 per month |
| Bank reference letter |
AED250 |
| Liability Certificate |
AED350 |
| No Liability Certificate |
AED300 |
| Audit Confirmation |
AED250 |
| Account closure within 12 months |
AED350 |
| Account closure certificate (release letter) |
AED100 |
| Signature Authentication charge |
AED100 |
| Attijari e-Advice (inward and outward remittances) |
AED Free |
| iBusiness Online Banking |
| Enquiry and Full transaction access |
Free |
| Transaction Authorization Hard Token |
First 2 Tokens - Free
Each additional token AED 75 per token |
| Transaction Authorization Soft Token |
First 2 tokens free
Each additional token AED 50 per token |
| Training Support |
First site visit free
AED 250 for subsequent visit for Dubai and Sharjah
AED 400 for all other Emirates |
| Business Debit / ATM Card* |
| Issuance / Renewal |
Free |
| Transaction fees at CBD ATMs and CDMs |
Free |
| Transaction fee in non-CBD ATMs in UAE |
Cash withdrawal AED2
Balance enquiry AED1
|
| Fees for using an ATM outside the UAE |
GCC countries: AED6 per withdrawal and AED 3 per balance enquiry
Other countries: AED20 per withdrawal and balance enquiry is free
|
| Foreign currency transaction fee |
2% of transaction value |
| Early replacement / re-issuance of card or PIN at customer's request |
AED25 |
| Value Added Services |
| Monthly Integrated online statements |
Free |
| Phone Banking |
Free |
| CBD Delivery Channels |
| SMS Banking |
Two months free service from your registration date
From the third month - up to 5 messages free every month and after 5th message will be charged at AED 0.20 per message
|
