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About Us

Established in 1969, Commercial Bank of Dubai (CBD) is one of the first banks operating in the United Arab Emirates. It was established as a joint venture between Commerzbank, Chase Manhattan Bank and Commercial Bank of Kuwait, before evolving into a public shareholding company in 1982 when the Government of Dubai took a 20% stake.

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Corporate Governance

As a financial institution licensed in the UAE, Commercial Bank of Dubai PSC (“CBD” or the “Bank”) is committed to complying with the Corporate Governance Regulations and Standards issued by the UAE Central Bank and the Securities and Commodities Authority, and with best governance practices adopted internationally.

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Investor Relations

Everything you need to know about our performance, ownership and credit rating.

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Sustainability

For 54 years, CBD has had the privilege of a social license to operate in the UAE. We retained this license through an unending commitment to our corporate and social responsibility initiatives.

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Press Room

CBD Media Centre provides your with the latest news releases, fact sheets and awards information.

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Fees & Charges

Transparency every step of the way

Business Accounts

Trade Finance

List of fees and charges – Wholesale Banking Group

Product and Services - Schedule of Charges

Account Type	Basic/ Gold/ Tijari	Plus/ Platinum/ Tijari Plus
Account Currency	AED, USD, GBP, EUR, JPY	AED, USD, GBP, EUR, JPY
Minimum Monthly Average Balance (RIM Level)	AED 1,000,000 (or in equivalent currency)	AED 3,000,000 (or in equivalent currency)
Minimum relationship balance charges (fall below fee)	AED 500 per month	AED 600 per month
Account services fee	Free	Free
Account closure within 12 months	AED 350 per account	AED 350 per account

Escrow Accounts

Escrow Accounts – Set Up Fee

AED 10,000 per project

Annual Maintenance Fee

As per agreed contract with the client

Transfer fees (if account is being transferred to another account trustee)

AED 20,000 per project

Standing Instructions
	Manual	Online	Manual	Online
Set up fee	AED 100 per set up	AED 25 per set up	AED 50 per set up	AED 25 per set up
Amendment / Cancellation	AED 100 per set up	AED 15 per set up	AED 50 per set up	AED 15 per set up
Execution charge	AED 15 per transaction		AED 15 per transaction
Failure due to insufficient funds	AED 30 per transaction		AED 30 per transaction

Remittances: Incoming*	Per Transaction
Local within UAE	AED 1 (on applicable transaction types)			AED 1 (on applicable transaction types)
International Remittance	AED 45			AED 20

Remittances: Outgoing	Per Transaction
	Manual/ Smart Form	Electronic	Manual/Smart Form	Electronic
Local within UAE	AED 500	AED 15	AED 500	AED 10
International outside UAE	AED 500	AED 25	AED 500	AED 20
Transfer within own account	AED 250	Free	AED 250	Free
Transfer within CBD account	AED 250	Free	AED 250	Free

Managers Cheques/ DD
Managers Cheques	AED 150 per cheque			AED 75 per cheque
Demand Drafts	AED 150 per draft			AED 75 per draft

Cheques
Cheque Book (Account Payee Cheques Onlyl)	1st cheque book free AED 150 for each additional cheque book (50 cheque leaves)	1st cheque book free AED 100 for each additional cheque book (50 cheque leaves)
Inward clearing cheques (payments made by clients)	Free	Free
Special Clearing (inward and outward)	AED 205 per cheque	AED 205 per cheque
Outward clearing cheques	Free	Free
Return cheques: inward clearing (payments made by clients)	AED 500 per cheque	AED 350 per cheque
Return Cheques: Outward Clearing	AED 50 per cheque	AED 50 per cheque

Special Cheque Book
Special cheques (per 1,000 cheques)	A4 size stationery with top or bottom cheque and with company logo - AED 3,000 A4 size stationery with top or bottom cheque and without company logo - AED 2,500 A4 size continuous stationery with company logo - AED 2,750 A4 size continuous stationery without company logo - AED 2,500

iCollect - Corporate Cheque Scanning Solution
Implementation Charge	Free	Free
Quarterly Non Utilization Fee (entity level)	AED 500	AED 500
Monthly Maintenance (including iDoc service charge)	AED 1,250 per scanner	AED 1,000 per scanner
Service Cancellation	AED 1000 per scanner	AED 1000 per scanner

iPrint - Corporate Cheque Printing Solution

Implementation Charge

Free

Printing at Client premises***

AED 200 per month

AED 100 per month

Service cancellation

AED 1000 per set up

Post Dated Cheques (PDC) Management
PDC Collection	AED 15 per cheque	AED 15 per cheque
PDC date extension	AED 25 per cheque	AED 15 per cheque
PDC withdrawal	AED 25 per cheque	AED 15 per cheque
PDC report	AED 50 per report per account (manual retrieval)	AED 50 per report per account (manual retrieval)

Cash Deposits
Cash Deposit - Over the Counter	AED 50 per transaction for amount deposited up to AED 500,000 0.05% of the total cash deposited for amounts of AED 500,000 or above			AED 40 per transaction for amount deposited up to AED 500,000 0.05% of the total cash deposited for amounts of AED 500,000 or above
Cash Deposit - Cash Deposit Machine	Free			Free

Cash Withdrawal
Cash Cheque Withdrawal/ Cash Withdrawals at Counter	Free up to 5 transactions per month per account AED 50 per transaction thereafter			Free up to 10 transactions per month per account AED 50 per transaction thereafter
Cardless Cash Withdrawals from CBD ATM's	Free			Free

Payroll Processing/Rateb Cards/ Now Money
Rateb one time set up	AED 500 for companies less than 50 employees AED 1,500 for companies with more than 50 employees			AED 500 for companies less than 50 employees AED 1,500 for companies with more than 50 employees
Rateb – Card Issuance	AED 10 per card			AED 10 per card

Payroll Processing	Manual	Electronic	Manual	Electronic
Rateb/ NowMoney - Payroll Processing WPS	AED 1,000 Per file plus AED 7 Per card AED 100 Per month per MOL ID	AED 7 Per card AED 100 Per month per MOL ID	AED 1,000 Per file plus AED 6 Per card AED 100 Per month per MOL ID	AED 6 Per card AED 100 Per month per MOL ID
WPS MOL ID Registration	AED 100 per month per MOL ID		AED 100 per month per MOL ID
WPS MOL ID – Cancellation	AED 500 per MOL ID		AED 500 per MOL ID
WPS Transfers to other Banks	AED 3 per record		AED 2 per record
Non WPS transfers to other banks	AED 50 per bank		AED 50 per bank
Pension Payments - File level (Manual)	AED 1,000 per file		AED 1,000 per file
Pension Payments (Online)	AED 100 per file		AED 100 per file
Pension Payments – Processing Fee	AED 5 per record		AED 5 per record

Payment Gateway - E-Commerce
Implementation Fee	As per structure agreed with the client	As per structure agreed with the client
Monthly Maintenance Fee	As per structure agreed with the client	As per structure agreed with the client
Commission	As per structure agreed with the client	As per structure agreed with the client

iDoc – Cheque Collection Service
Monthly Charges	AED 850 per location			AED 850 per location

iCash – Cash Collection Solution/Delivery Service

Un-Verified Cash Collection Service

AED 150 per trip per location

Un-Verified Cash Collection Service - Cash Processing Charges

AED 10 per 1,000 Notes and AED 5 per 1,000 Coins

Cash Deposit Centre**

AED 30 per deposit slip

Cash Deposit Machine (CDM) Customer Site

As per structure agreed with the client

SCDM Relocation

AED 1000 per machine per relocation

iBusiness -Corporate Internet Banking
iBusiness - Implementation	Free	Free
Monthly Service Charge	Free	Free
Training Support	First Training free Additional Training – AED 250 per session	First Training free Additional Training – AED 250 per session
SWIFT Copy Download	Free	Free
iBusiness Cancellation Charges	AED 1,000 per setup	AED 500 per setup

iConnect - Corporate Host-to-Host Solution
Implementation Charge	As per agreed contract with the client, Minimum AED 10,000 Per Set Up	As per agreed contract with the client, Minimum AED 10,000 Per Set Up
Monthly Maintenance Charge	AED 750 per month per set up	AED 500 per month per set up
Cancellation Charge	AED 1,000 per account	AED 1,000 per account

Corporate Cards
Implementation Fee	As per structure agreed with the client	As per structure agreed with the client
Corporate Purchasing Card	As per structure agreed with the client	As per structure agreed with the client
Corporate Travel & Entertainment Card	As per structure agreed with the client	As per structure agreed with the client

iDirect - Corporate Direct Debit Solution
	Manual	Electronic	Manual	Electronic
Originator Registration	AED 1,000 per originator	AED 500 per originator	AED 1,000 per originator	AED 500 per originator
Mandate Registration	AED 5 per mandate	AED 5 per mandate	AED 5 per mandate	AED 5 per mandate
Mandate Amendment / Cancellation	AED 5 per mandate		AED 5 per mandate
Direct Debit Processing	AED 1 per record		AED 1 per record
Originator Cancellation	AED 1,000 per originator		AED 1,000 per originator
Payer Set Up	AED 200 per set up		AED 200 per set up
Payer Confirmation	AED 25 per confirmation		AED 25 per confirmation
Payer Cancellation	AED 100 per cancellation		AED 100 per cancellation
Payer Amendment	AED 100 per amendment		AED 100 per amendment

Liquidity Management Solutions
Sweeping
Implementation Fee	AED 750 per account	AED 500 per account
Monthly Maintenance Fee	AED 75 per account per month (not to exceed 10,000 per month)	AED 50 per account per month (not to exceed 10,000 per month)
Cancellation	AED 500 per account	AED 500 per account

Pooling
Implementation Fee	AED 1,500 per account	AED 1,000 per account
Monthly Maintenance Fee	AED 10,000 or AED 125 per account	AED 10,000 or AED 100 per account
Cancellation	AED 500 per account	AED 500 per account

Inter- Company Sweeps Reporting
Inter-Company Sweeps Reporting Implementation	By Arrangement			By Arrangement

Receivable Management Solutions
Invoice Upload Charge	By Arrangement	By Arrangement
Invoice Reconciliation	By Arrangement	By Arrangement
Mirror Account Maintenance	By Arrangement	By Arrangement
Mirror Account Subscription	By Arrangement	By Arrangement

Value Added Services
International Payment - Fate	AED 80 per message	AED 40 per message
MT940 (for Company use only)	AED 100 per month per account (free for Host to Host clients)	AED 50 per month per account (free for Host to Host clients)
MT940 (Reporting to other banks)	AED 150 per account per month	AED 75 per account per month
SMS Notification ( Free for Debits)	Free	Free

Miscellaneous Charges
Stop payment of cheque	AED 100 per cheque	AED 50 per cheque
Stop payment of lost cheque book	AED 500 per cheque book	AED 100 per cheque book
Manual Issuance of Statements - Account Statement, Corporate Credit Cards & Other Statement Requests	AED 500 per statement	AED 500 per statement
Audit/ Balance Sheet Letter/ Reference Letter	Online - AED 250 per letter Manual - AED 500 per letter	Online - AED 250 per letter Manual - AED 500 per letter
SWIFT Copies of Remittances	AED 200 per message	AED 100 per message
Manual Retrieval of Transaction Record	AED 100 - per transaction	AED 100 - per transaction
Non submission of renewed Trade License copy (Expired Trade License)	AED 350 per trade license	AED 350 per trade license
Trade License Update (Manual)	AED 150 per trade license	AED 150 per trade license

Owner Association Account
Account
Account Opening Charges		As per structure agreed with client
Account Maintenance (per Month)		AED 500

Remittances Incoming

Local within UAE	Waived
International	Waived

Remittances Outgoing/Transfers	Online	Hybrid	Manual
Local within UAE	AED 5	AED 5	AED 20
Within CBD accounts	Free	Free	AED 10
Managers Cheques (per cheque)	AED 25	AED 25	AED 25

Cheques
Remote Cheque Scanning - iCollect (Setup and Scanner)		Waived
iCollect Monthly Maintenance		AED 500 per scanner
iCollect Service Cancellation		AED 750 per scanner
Special Clearing (inward and outward)		AED 205 per cheque

Post Dated Cheque Collection (PDC)	Online	Manual

PDC Collection	AED 5	AED 15
PDC Date extension	AED 5	AED 25
PDC Withdrawal	AED 5	AED 25
Courier Pickup (Setup)	Waived
Courier Pickup (Monthly Maintenance)	AED 300 per month

Cash Deposit
Over the counter teller transactions		AED 25 per deposit
Through Cash Deposit Machine		Free
ATM		Free
Dedicated cash pickup (Unverified)		Standard charges will apply
Smart Cash Deposit Machine (SCDM) - 1200 Notes Capacity*****		AED 2,500 per month

Direct Debit
Originator Registration		Waived
DDA Mandate Registration		Waived
DDA Amendment/Cancelation		Waived
DDA Collection		Waived
Direct Debit Cancelation		Standard charges will apply

iBusiness (Online Banking)
Setup Fee		Waived
Enquiry only		Waived
Enquiry and Full transaction service Maintenance Fee		Waived
Training Support		Waived

Trade Finance

Import - Letter of Credits Charges
LC issuance
LC Issuance Commission		0.125% per month (min.3 months) Min.AED 750 + Handling Fee +Swift Charges + Courier charges (if applicable)
Standby LCs		0.25% per month (min. 3 months) Min. AED 750 + Handling Fee + Swift Charges + Courier charges (if applicable)
Special LCs (B2B/Revolving/etc) & Commodity (eg Coal, Oil etc)		Case by case pricing with a minimum as applicable for LC issuance commission.
LC Amendment Commission (Value & Expiry) & Reinstatement of Revolving or other LCs as applicable		0.125% per month Min. AED 500 + Handling Fee + Swfit Charges + Courier charges (if applicable)
Other amendments (non-financial)		AED 500 + Handling Fee + Swfit charges + Courier charges (if applicable)
Handling Fee (issuance/amendment/cancellation)		AED 500
Handling fee for manual transactions		0.125% flat Min. AED 500
Cancellation of Unutilised LC (Full LC Value)		AED 500 + Swift Charges
Trade Advisory/Structuring Fee		Case by Case basis subject to agreement
Miscellaneous - Providing Draft LCs		AED 500

Documents Under Import LC
LC acceptance commission		0.167% per month for the full usance period Min: AED 500
LC Expiration/Overdrawing Commission		0.167% on overdrawn amount or expired period Min. AED 750 + Handling Fee
LC discrepancy fee (per presentation)		AED 400 + Swift Charges
Return of discrepant documents (unpaid/unaccepted)		AED 750 + SWIFT charges + Courier charges (if applicable)

Inward Documentary Bills for Collection
Advising Fee		AED 300
IBC Handling/Acceptance/ Payment Commission		0.166% Min: AED 300 + Swift charges
Amendment Fee - Increase in Value/terms of payment		0.166% on increased amount/tenor (if any) + Swift charges
Other amendments		AED 500 per amendment + Swift charges
IBC documents transferred to another bank		0.25% flat of bill value Min. AED 300 + Swift charges + Courier charges (Local/International)
IBC documents returned unpaid / unaccepted		0.25% flat of bill value Min. AED 300 + Swift charges + Courier charges (Local/International)
IBC documents released free of payment		0.25% flat of bill value Min. AED 300 + Swift charges + Courier charges (Local/International)
IBC Documents cleared through Murabaha		Agreed profit rate + AED 500 flat fee
Avalization of drafts		0.125% per month (min. 3 months) Min: AED 750 + Swift charges

Imports Murabaha Handling Charges
Open Account TR Payment Commission		0.125% + Swift Charges Min. AED 500 AED + Swift charges
Murabaha Booking Fee		AED 500
Murabaha Pre-settlement		AED 500 per transaction
Murabaha Past due (Donation Amount)		2% p.a. additional penal charge for the past due period

Export - Letter of Credits Charges
LC Advising fee		To Customer: AED 400 To Non Customer: AED 500
Amendment Advising Fee		To Customer: AED 300 To Non Customer: AED 400
Export LC Confirmation		Applicable commission as per arrangement with customer in consideration of Bank/Country risk with Min. commission AED 750
Transfer of LC		0.25% flat on transferred amount Min AED 1000 + Scrutiny Fee + SWIFT Charges
Transfer of LC Amendment		0.25% on increased amount (if any) Min AED 500 + SWIFT Charges
Assignment of Proceeds under Export LC		0.125% flat Min AED 750 + Swift Charges

Documents Under Export LC
Negotation Commission - for LC and Collection bills		0.166% of bill value in addition to Bank risk commission as applicable
Export documents scrutiny fee		Customers:AED 400 per presentation Non-customers: AED 500 per presentation
Handling commission on documents forwarded to nominated banks for negotiation		AED 750
Payment of other Bank's reimbursement claim		AED 500
Export Documents cleared through Murabaha		Agreed profit rate + handling commission if not recovered earlier

Outward Documentary Bills for Collection
Handling/Amendment Commission of Outward Documentary Bills for Collection		0.125% flat of bill value Min. AED 500 + Courier Charges
Handling Fee for Documents Returned Unpaid		AED 500
Advising fee for OBC acceptance		AED 300

Letter of Guarantee
Issuance Commission - Non Financial LGs		Fixed Maturity: 2.5% per annum (min 3 months) Open Ended: 3.0% per annum (min 3 months) Min. AED 750 + Swift charges (if applicable)
Issuance Commission - Financial LGs		Fixed Maturity: 3.0% (min. 3 months) Open Ended: 3.5% (min. 3 months) Min. AED 750 + Swift charges (if applicable)
Handling fee for manual transactions		0.125% flat Min. AED 500
Amendment on Value and Expiry		As per Issuance Commission for Financial and Non-Financial Guarantees + swift + courier+ AED 250 per amdmt
Other amendments		AED 500 per amendment + Swift and/or Courier Charges as applicable
Guarantee Draft Copy		AED 750 per draft
Advising other Bank Guarantees		Customers: AED 300 Non-Customers: AED 500
Claims Handling Charges - and lodging of claims with other banks		AED 1000 plus Swift/Fax/Courier charges

F. Shipping Guarantees
Issuance Comission		1000
Redeemed after one month of issuance		0.125% of Invoice value less margin (if any) held + Swift and/or Courier Charges as applicable
For Time LCs		0.125% flat of Invoice value less margin held Min AED 250

H. Other Charges
Reimbursement fee		AED 500
Exchange compensation fee for documents in foreign currency. Imports - settling bills in FC		0.25%. Min AED 300
Courier charges		Local: AED 100 International: AED 250
SWIFT charges		AED 200
Reminder charges		AED 100 per reminder - plus Courier (local AED 100; International - 250) or Swift (AED 150) as applicable
Postage Charges		AED 150
Retrieval of Old Records		Within 1 year : AED 100 per document Over 1 Year : AED 500 per document

*All our charges, commissions and fees are exclusive of Value Added Tax (VAT). VAT will be charged wherever applicable.

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