| Exchange rate displayed on transfer pages are indicative. Prevailing rates will be applied at the time of processing.
|
| Additional fees may be levied by the correspondent bank/financial institution or entity providing financial services to the beneficiary of remittances.
|
| There is no cooling-off period for FX transactions as it requires immediate processing.
|
| For local currency payments, correspondent charges equivalent to AED 1.05 (including VAT) will be applicable.
|
| The Bank may close the account if account conduct is found to be unsatisfactory as per Bank’s Compliance policy and not in-line with the UAE Central Bank regulations.
|
| The Bank reserves the right to make changes to fees and charges for the service or to the service terms and conditions, by notice to the customer in accordance with applicable law..
|
| Your account would be debited on the first business day of every month for services rendered in the previous month.
|
| In case of insufficient balance for two consecutive months, the Bank will be entitled to cancel the service without referring to the customer. |
| Your payment transfer will be rejected/delayed in case of inaccurate and incomplete beneficiary details and it may take up to 5 working days for the amount to be credited back to your account.
|
| No transactions are allowed on the accounts which have become dormant.
|
| The Bank shall have the absolute right at any time to reject or cancel any financial or non-financial transaction in the event of any transaction being incomplete, inconsistent, incorrect or in the breach of any statutory or regulatory legislation.
|
| You are responsible to safeguard your passwords/user identifications to avoid fraudulent misuse by others.
|
| Applicable fees or charges levied by correspondent banks will be debited from your account.
|
| Host2Host |
| If the Bank receives instructions for more than one payment from an account on the same day, the Bank shall determine the order of priority in which the payments shall be made.
|
| Exchange rate displayed on transfer pages are indicative. Prevailing rates will be applied at the time of processing.
|
| Additional fees may be levied by the correspondent bank/financial institution or entity providing financial services to the beneficiary of remittances.
|
| There is no cooling-off period for FX transactions as it requires immediate processing.
|
| For local currency payments, correspondent charges equivalent to AED 1.05 (including VAT) will be applicable.
|
| Your payment transfer will be rejected/delayed in case of inaccurate and incomplete beneficiary details and it may take up to 5 working days for the amount to be credited back to your account.
|
Applicable fees or charges levied by correspondent banks will be debited from your account
