Business Banking
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Current Account
| Parameters | Expo2020/Tajer/E-Trader | Digital (Available for New Customers Only) |
Premium | Gold | Platinum | |
|---|---|---|---|---|---|---|
| *Minimum Monthly Average Relationship Balance (a) | >= 10,000(Expo2020) >= 3,000(Tajar/E-Trader) |
>= 10,000 to 35,000 | >= AED 35,000 to AED 100,000 | >= AED 100,000 to AED 250,000 | >= AED 250,000 | |
| Any Finance Facilities (b) | Any Active Finance | Any Active Finance | Any Active Finance | Any Active Finance | Any Active Finance | |
| EIFB Brokerage/Stock Trading Accounts (c) | Any Active EIFB Brokerage/Stock Trading Accounts | Any Active EIFB Brokerage/Stock Trading Accounts | Any Active EIFB Brokerage/Stock Trading Accounts | Any Active EIFB Brokerage/Stock Trading Accounts | Any Active EIFB Brokerage/Stock Trading Accounts | |
| Monthly Fee (FALL BELOW FEE) (only if conditions 'a' or 'b' or 'c' are not met) | Free for first 12 months. AED 300 thereafter | AED 50 per month | AED 300 per month | AED 400 per month | AED 500 per month | |
| Relationship Fee | Nil | AED 200 per month | AED 125 per month | Nil | Nil | |
| Euro Account Maintenance Fee (w.e.f 1 July 2018) | EUR 50 | EUR 50 | EUR 50 | EUR 50 | EUR 50 | |
| Teller Fees (Cash Deposit & Withdrawal / Fund Transfer (Cheque / Intergroup) | Free up to 5 transactions per month thereafter AED 10 per transaction | AED 100 Per transaction | Free up to 3 transactions per month thereafter AED 30 per transaction | Free up to 5 transactions per month thereafter AED 15 per transaction | Free up to 10 transactions per month thereafter AED 10 per transaction | |
| Bulk cash deposit & withdrawal at teller counter | 0.25% of the total cash deposited / withdrawn, for amounts of 1 Million and above on a daily basis | 0.5% of the total cash deposited / withdrawn, for amounts of 1 Million and above on a daily basis | 0.25% of the total cash deposited / withdrawn, for amounts of 1 Million and above on a daily basis | 0.15% of the total cash deposited / withdrawn, for amounts of 1 Million and above on a daily basis | 0.1% of the total cash deposited / withdrawn, for amounts of 1 Million and above on a daily basis | |
| Customer Package Changes / Charges | NA | NA | NA | One-Off: Applied only for downgrade - 200/- if package changed within 6 months | One-Off: Applied only for downgrade - 200/- if package changed within 6 months | |
| *Emirates Islamic reserves the right to downgrade the package, if the Minimum Average Balance requirement is not met for three consecutive months. | ||||||
Cheque Related Charges
| Parameters | Expo2020/e-Trader/Tajer | Digital (Available for New Customers Only) |
Premium | Gold | Platinum | |
|---|---|---|---|---|---|---|
| Cheque Book Charges | AED 25 per cheque book of 50 leaves* | AED 50 per cheque book of 50 leaves* | AED 50 per cheque book of 50 leaves* | Free* | Free* | |
| Cheque Book - Processing Fee (Manual Request) |
AED 50 per request | AED 50 per request | AED 50 per request | AED 50 per request | AED 50 per request | |
| Cheque / DDA (Direct Debit Authority) returned charges | AED 300 | AED 300 | AED 300 | AED 300 | AED 300 | |
| Cheque Book Delivery (Branch) | AED 30 | AED 100 | AED 30 | AED 25 | AED 20 | |
| Cheque Return - Inward (return reason "Represent after 3 working days")* | AED 300 | AED 300 | AED 300 | AED 300 | AED 300 | |
| Inward clearing fees | Free | Free | Free | Free | Free | |
| Cheque collection charges | 0.125% of the cheque amount, subject to a min. AED50 & a max. AED500 -, plus AED 80 as courier charge | |||||
| * As per the mandate from the Central Bank of UAE, cheque books issued during the first 6 months of opening the account could be limited to 10 leaves depending on the entity’s rating with the credit bureau (AECB). | ||||||
Telegraphic Transfer (Manual Request)
| Parameters | Expo2020/e-Trader/Tajer | Digital (Available for New Customers Only) |
Premium | Gold | Platinum |
|---|---|---|---|---|---|
| Local TT | AED 30 | AED 150 | AED 75 | AED 50 | AED 40 |
| International TT | AED 50 | AED 150 | AED 100 | AED 75 | AED 75 |
Telegraphic Transfer (Online/smartBUSINESS)
| Parameters | Expo2020/e-Trader/Tajer | Digital (Available for New Customers Only) |
Premium | Gold | Platinum |
|---|---|---|---|---|---|
| Local TT | AED 10 | AED 1 | AED 20 | AED 10 | Free |
| International TT | AED 15 | AED 20 | AED 30 | AED 25 | AED 15 |
Certificate
| Parameters | Expo2020/e-Trader/Tajer | Digital (Available for New Customers Only) |
Premium | Gold | Platinum |
|---|---|---|---|---|---|
| Certificate of Balance | AED 75 per certificate | AED 150 per certificate | AED 100 per certificate | AED 50 per certificate | Free |
Salary WPS Charges
| Parameters | Expo2020/e-Trader/Tajer | Digital (Available for New Customers Only) |
Premium | Gold | Platinum |
|---|---|---|---|---|---|
| Manual Processing Charges (via Branches)* * Manual WPS processing allowed only for approved customers. |
AED 750 per file + AED 3 per account (per account charge is Free for EI/ENBD Accounts) |
AED 750 per file + AED 3 per account (per account charge is Free for EI/ENBD Accounts) |
AED 750 per file + AED 3 per account (per account charge is Free for EI/ENBD Accounts) |
AED 750 per file + AED 3 per account (per account charge is Free for EI/ENBD Accounts) |
AED 750 per file + AED 3 per account (per account charge is Free for EI/ENBD Accounts) |
| smartBUSINESS (via electronic platform) | AED 55 per File / Batch + AED 3 per account (per account charge is Free for EI/ENBD Accounts) |
AED 55 per File / Batch + AED 3 per account (per account charge is Free for EI/ENBD Accounts) |
*AED 55 per File / Batch + AED 3 per account (per account charge is Free for EI/ENBD Accounts) |
AED 55 per File / Batch + AED 3 per account (per account charge is Free for EI/ENBD Accounts) |
AED 55 per File / Batch + AED 3 per account (per account charge is Free for EI/ENBD Accounts) |
Salary (Non WPS)
| Parameters | Expo2020/e-Trader/Tajer | Digital (Available for New Customers Only) |
Premium | Gold | Platinum |
|---|---|---|---|---|---|
| Manual Processing Charges (via Branches)* * Manual WPS processing allowed only for approved customers. |
AED 200 per File / Batch + AED 3 per account (per account charge is Free for EI/ENBD Accounts) |
AED 200 per File / Batch + AED 3 per account (per account charge is Free for EI/ENBD Accounts) |
AED 200 per File / Batch + AED 3 per account (per account charge is Free for EI/ENBD Accounts) |
AED 200 per File / Batch + AED 3 per account (per account charge is Free for EI/ENBD Accounts) |
AED 200 per File / Batch + AED 3 per account (per account charge is Free for EI/ENBD Accounts) |
| smartBUSINESS (via electronic platform) | AED 100 per File / Batch + AED 3 per account (per account charge is Free for EI/ENBD Accounts) |
AED 100 per File / Batch + AED 3 per account (per account charge is Free for EI/ENBD Accounts) |
AED 100 per File / Batch + AED 3 per account (per account charge is Free for EI/ENBD Accounts) |
AED 100 per File / Batch + AED 3 per account (per account charge is Free for EI/ENBD Accounts) |
AED 100 per File / Batch + AED 3 per account (per account charge is Free for EI/ENBD Accounts) |
GPSSA (Pension Payment)
| Parameters | Expo2020/e-Trader/Tajer | Digital (Available for New Customers Only) |
Premium | Gold | Platinum |
|---|---|---|---|---|---|
| Manual Processing Charges (via Branches) | AED 200 per file + AED 2 per beneficiary | AED 200 per file + AED 2 per beneficiary | AED 200 per file + AED 2 per beneficiary. | AED 200 per file + AED 2 per beneficiary | AED 200 per file + AED 2 per beneficiary |
| smartBUSINESS (via electronic platform) | AED 50 per file + AED 2 per beneficiary | AED 50 per file + AED 2 per beneficiary | AED 50 per file + AED 2 per beneficiary. | AED 50 per file + AED 2 per beneficiary | AED 50 per file + AED 2 per beneficiary |
Noqodi Payment (Online/smartBUSINESS)
| Parameters | Expo2020/e-Trader/Tajer | Digital (Available for New Customers Only) |
Premium | Gold | Platinum |
|---|---|---|---|---|---|
| Noqodi Top-up / Voucher | AED 10 | AED 10 | AED 10 | AED 10 | AED 10 |
Statement Charges
| Parameters | Expo2020/e-Trader/Tajer | Digital (Available for New Customers Only) |
Premium | Gold | Platinum |
|---|---|---|---|---|---|
| Request for copy of statement (non periodic) | AED 5 per page. Minimum AED 50 | AED 5 per page. Minimum 100 | AED 5 per page. Minimum AED 50 | AED 5 per page. Minimum AED 25 | AED 5 per page. Minimum AED 20 |
| Physical Statement (Weekly / Monthly / Quarterly / Half Yearly / Yearly) | AED 100 | AED 150 | AED 100 | AED 100 | AED 100 |
| e-statement (monthly) | Free | FREE | Free | Free | Free |
| Liability Letter | AED 200 | AED 250 | AED 200 | AED 150 | AED 100 |
| No Liability Letter | AED 200 | AED 250 | AED 200 | AED 150 | AED 100 |
Standing Instructions
| Parameters | Expo2020/e-Trader/Tajer | Digital (Available for New Customers Only) |
Premium | Gold | Platinum |
|---|---|---|---|---|---|
| Set up charges | AED 75 | AED 100 | AED 75 | AED 50 | AED 25 |
| Periodic Payments (per transaction) | Free | Free | Free | Free | Free |
| Amendment charges | AED 30 | AED 55 | AED 30 | AED 25 | AED 15 |
| Failed Standing Instruction | AED 45 | AED 55 | AED 45 | AED 40 | AED 30 |
| Balance order | AED 180 p.a. | AED 500 p.a. | AED 180 p.a. | AED 160 p.a. | AED 140 p.a. |
Inward Remittances
| Parameters | Expo2020/e-Trader/Tajer | Digital (Available for New Customers Only) |
Premium | Gold | Platinum |
|---|---|---|---|---|---|
| If deposited in beneficiarys’ account | Free | Free | Free | Free | Free |
Demand Draft and MC/PO:Others
| Parameters | Expo2020/e-Trader/Tajer | Digital (Available for New Customers Only) |
Premium | Gold | Platinum |
|---|---|---|---|---|---|
| Issuance of DD/MC/PO | AED 25 | AED 50 | AED 25 | AED 20 | AED 15 |
| Cancellation of DD/MC/PO | Free | AED 50 | Free | Free | Free |
| Additional telex (e.g. tracer) sent at request of customer - UAE | AED 70 | AED 100 | AED 70 | AED 50 | AED 45 |
| Additional telex (e.g. tracer) sent at request of customer - Others | AED 70 | AED 100 | AED 70 | AED 50 | AED 45 |
| Cancellation of remittance instruction/recalling of funds remitted | AED 80 | AED 100 | AED 80 | AED 80 | AED 70 |
| Swift message copy | AED 20 | AED 40 | AED 20 | AED 15 | AED 10 |
| Special Clearing - Outward | AED 250 | AED 250 | AED 250 | AED 250 | AED 250 |
| Special Clearing - Inward (Proceeds by Manager’s Cheque) | AED 150 | AED 150 | AED 150 | AED 150 | AED 150 |
| Special Clearing - Inward (Proceeds through UAE Central Bank) | AED 150 | AED 150 | AED 150 | AED 150 | AED 150 |
| Request for copy of old cheuqes up to 6 months old | AED 20 per copy | AED 30 per copy | AED 20 per copy | AED 10 per copy | AED 5 per copy |
| Request for copy of old cheuqes more than 6 months old | AED 40 per copy | AED 50 per copy | AED 40 per copy | AED 20 per copy | AED 15 per copy |
Stop Payment Charge (per instruction)
| Parameters | Expo2020/e-Trader/Tajer | Digital (Available for New Customers Only) |
Premium | Gold | Platinum |
|---|---|---|---|---|---|
| For Cheque/Demand Draft/Manager’s Cheque (up to 3 leaves/unit) | AED 30 | AED 50 | AED 30 | AED 20 | AED 15 |
| For Cheque/Demand Draft/Manager’s Cheque (Greater than 3 leaves/units) | AED 40 | AED 60 | AED 40 | AED 30 | AED 20 |
| Account Closure (within 6 months) | AED 200 | AED 200 | AED 200 | AED 200 | AED 200 |
| Dormant Account Charges | AED 150 per year | AED 300 per year | AED 150 per year | AED 150 per year | AED 150 per year |
Foreign Currency (Collected in same FCY)
| Parameters | Expo2020/e-Trader/Tajer | Digital (Available for New Customers Only) |
Premium | Gold | Platinum |
|---|---|---|---|---|---|
| Foreign Currency cash deposit | 1% (Minimum AED 100) | 1% (Minimum AED 100) | 1% (Minimum AED 100) | 1% (Minimum AED 100) | 1% (Minimum AED 100) |
| Foreign Currency cash withdrawal | 1% (Minimum AED 100) | 1% (Minimum AED 100) | 1% (Minimum AED 100) | 1% (Minimum AED 100) | 1% (Minimum AED 100) |
Trade Licence Expiry
| Parameters | Expo2020/e-Trader/Tajer | Digital (Available for New Customers Only) |
Premium | Gold | Platinum |
|---|---|---|---|---|---|
| Trade License Updation - Processing Fee (Manual Request) |
AED 100 per request | AED 100 per request | AED 100 per request | AED 100 per request | AED 100 per request |
| Trade License Renewal (grace period of 2 months allowed from date of expiration) |
AED 350 Monthly | AED 350 Monthly | AED 350 monthly | AED 350 Monthly | AED 350 Monthly |
Other Charges
| Parameters | Expo2020/e-Trader/Tajer | Digital (Available for New Customers Only) |
Premium | Gold | Platinum |
|---|---|---|---|---|---|
| Audit confirmation | AED 150 | AED 250 | AED 150 | AED 150 | AED 125 |
| TCI report | AED 150 | AED 250 | AED 150 | AED 150 | AED 125 |
| Other reports | AED 150 | AED 250 | AED 150 | AED 150 | AED 125 |
Credit/Confidential Reports
| Parameters | Expo2020/e-Trader/Tajer | Digital (Available for New Customers Only) |
Premium | Gold | Platinum |
|---|---|---|---|---|---|
| Issued to organizations within UAE | AED 200 | AED 250 | AED 200 | AED 200 | AED 200 |
| Issued to organizations outside UAE | AED 200 | AED 250 | AED 200 | AED 200 | AED 200 |
Post Dated Cheques
| Parameters | Expo2020/e-Trader/Tajer | Digital (Available for New Customers Only) |
Premium | Gold | Platinum |
|---|---|---|---|---|---|
| Extension of due date | AED 30 | AED 40 | AED 30 | AED 20 | AED 15 |
| Substitution of cheque with cash | AED 30 | AED 40 | AED 30 | AED 20 | AED 15 |
| Postdated cheques deposited for collection | AED 30 | AED 40 | AED 30 | AED 20 | AED 15 |
| Letters of Encashment | 0.125% | 0.125% | 0.125% | 0.125% | 0.125% |
| Cheque Certification | N/A | N/A | N/A | N/A | N/A |
Outward Clean Collections
| Parameters | Expo2020/e-Trader/Tajer | Digital (Available for New Customers Only) |
Premium | Gold | Platinum |
|---|---|---|---|---|---|
| Standard collections: | Free | Free | Free | Free | Free |
| Commission | Free | Free | Free | Free | Free |
| OCC Return Charges | Cheque return charges: AED 50 |
Cheque return charges: 100 |
Cheque return charges: AED 50 |
Cheque return charges: AED 50 |
Cheque return charges: AED 50 |
| Cash letter items Commission | 1/10% (minimum AED 20, maximum AED 500 or equivalent) AED 10 for post |
1/10% (minimum AED 20, maximum AED 500 or equivalent) + AED 10 for Post |
1/10% (minimum AED 20, maximum AED 500 or equivalent) AED 10 for post |
1/10% (minimum AED 20, maximum AED 500 or equivalent) AED 10 for post |
1/10% (minimum AED 20, maximum AED 500 or equivalent) AED 10 for post |
Inward Clean Collection
| Parameters | Expo2020/e-Trader/Tajer | Digital (Available for New Customers Only) |
Premium | Gold | Platinum |
|---|---|---|---|---|---|
| Commission | 1/8 percent (minimum AED 40, maximum AED 500 or equivalent) |
1/8 percent (minimum AED 40, maximum AED 500 or equivalent) |
1/8 percent (minimum AED 40, maximum AED 500 or equivalent) |
1/8 percent (minimum AED 40, maximum AED 500 or equivalent) |
1/8 percent (minimum AED 40, maximum AED 500 or equivalent) |
| Proceeds by DD/MC | AED 10 | AED 10 | AED 10 | Free | Free |
| Proceeds by TT | AED 60 per message | AED 60 per message |
AED 60 per message | Free | Free |
Other Services
| Parameters | Expo2020/e-Trader/Tajer | Digital (Available for New Customers Only) |
Premium | Gold | Platinum |
|---|---|---|---|---|---|
| Hold mail | Free | Free | Free | Free | Free |
| Holding undelivered mail | AED 100 p.a. | AED 100 p.a. | AED 100 p.a. | AED 100 p.a. | AED 100 p.a. |
Postage (to be recovered in all cases where mailing is required as part of a transaction):
| Parameters | Expo2020/e-Trader/Tajer | Digital (Available for New Customers Only) |
Premium | Gold | Platinum |
|---|---|---|---|---|---|
| UAE | AED 15 minimum | AED 15 minimum | AED 15 minimum | AED 15 minimum | AED 15 minimum |
| Other | AED 30 minimum | AED 30 minimum | AED 30 minimum | AED 30 minimum | AED 30 minimum |
Faxes
| Parameters | Expo2020/e-Trader/Tajer | Digital (Available for New Customers Only) |
Premium | Gold | Platinum |
|---|---|---|---|---|---|
| UAE | AED 25 | AED 25 | AED 25 | AED 25 | AED 25 |
| Others | AED 50 | AED 50 | AED 50 | AED 50 | AED 50 |
Courier
| Parameters | Expo2020/e-Trader/Tajer | Digital (Available for New Customers Only) |
Premium | Gold | Platinum |
|---|---|---|---|---|---|
| UAE | AED 40 minimum | AED 60 | AED 40 minimum | AED 30 minimum | AED 20 minimum |
| Others | AED 125 minimum | AED 150 minimum | AED 125 minimum | AED 100 minimum | AED 80 minimum |
Telex/Cable/SWIFT messages (Based on the length of the message)
| Parameters | Expo2020/e-Trader/Tajer | Digital (Available for New Customers Only) |
Premium | Gold | Platinum |
|---|---|---|---|---|---|
| UAE | AED 45 minimum | AED 60 minimum | AED 45 minimum | AED 30 | AED 20 |
| Others | AED 60 minimum | AED 70 minimum | AED 60 minimum | AED 45 | AED 30 |
| Investigations | Within 1 year AED 50 After 1 year minimum AED 100 |
Within 1 year AED 80 After 1 year minimum AED 120 |
Within 1 year AED 50 After 1 year minimum AED 100 |
Within 1 year AED 40 After 1 year minimum AED 90 |
Within 1 year AED 30 After 1 year minimum AED 80 |
| Request for non-standard statement frequency |
AED 40 p.m. | AED 50 p.m. | AED 40 p.m. | AED 30 p.m. | AED 20 p.m. |
| Send MT940s on customer request (Monthly per account) |
AED 150 p.m. | AED 150 per month | AED 150 p.m. | AED 150 p.m. | AED 150 p.m. |
Certificates
| Parameters | Expo2020/e-Trader/Tajer | Digital (Available for New Customers Only) |
Premium | Gold | Platinum |
|---|---|---|---|---|---|
| Capital Guarantee Certificate | AED 500 | AED 500 | AED 500 | AED 500 | AED 500 |
| Attestation of Signature | AED 50 | AED 150 | AED 50 | AED 50 | AED 50 |
Certificate for Issuance of Trade Licence Favouring
| Parameters | Expo2020/e-Trader/Tajer | Digital (Available for New Customers Only) |
Premium | Gold | Platinum |
|---|---|---|---|---|---|
| Department of Economic Development |
AED 500 | AED 500 | AED 500 | AED 500 | AED 500 |
| Free Zones and others | AED 500 | AED 500 | AED 500 | AED 500 | AED 500 |
| T.C. Purchase | AED 20 | AED 20 | AED 20 | AED 20 | AED 20 |
| Issue of IPO/Rights issues by order | AED 100 | AED 100 | AED 100 | AED 100 | AED 100 |
Channel Fees : smartBUSINESS
| Parameters | Expo2020/e-Trader/Tajer | Digital (Available for New Customers Only) |
Premium | Gold | Platinum |
|---|---|---|---|---|---|
| Subscription Fees | AED 100 per month | AED 200 per month | AED 200 per month | AED 200 per month | AED 200 per month |
| Token charges | AED 250/- per token | AED 100/- per token | AED 250/- per token | AED 250/- per token | AED 250/- per token |
| Password Reset | AED 25/- per request | AED 50/- per request | AED 50/- per request | AED 50/- per request | AED 50/- per request |
| Swift message copy download | Free | AED15 | Free | Free | Free |
| Subsidiary / Associate company account addition |
AED 50/- per request | AED 100/- per request | AED 100/- per request | AED 100/- per request | AED 100/- per request |
Corporate Cash and Cheque Collection
| Parameters | Expo2020/e-Trader/Tajer | Digital (Available for New Customers Only) |
Premium | Gold | Platinum |
|---|---|---|---|---|---|
| Per Visit Charges | As per Contract | As per Contract | As per Contract | As per Contract | As per Contract |
| Corporate Cash Collection - Processing Fee | As per Contract | As per Contract | As per Contract | As per Contract | As per Contract |
SMS and Online Fees
| Parameters | Expo2020/e-Trader/Tajer | Digital (Available for New Customers Only) |
Premium | Gold | Platinum |
|---|---|---|---|---|---|
| Subscription Fees | Free | Free | Free | Free | Free |
| Monthly SMS Charges | Free | Free | Free | Free | Free |
| Fax Indemnity Charge | AED 250 per anum | AED 500 per anum | AED 250 per anum | AED 250 per anum | AED 250 per anum |
Emirates Islamic Debit Card Charges
| Parameters | Expo2020/e-Trader/Tajer | Digital (Available for New Customers Only) |
Premium | Gold | Platinum | |
|---|---|---|---|---|---|---|
| Annual Fee | Free | Free | Free | Free | Free | |
| Debit Card Replacement Fee | AED 25 | AED 50 | AED 25 | AED 20 | AED 15 | |
| Foreign Currency Transaction Fee* | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | |
| Copy of Sales Voucher | Free | Free | Free | Free | Free | |
| Usage fee in UAE at Emirates Islamic / Emirates NBD ATMs | ||||||
| Cash Withdrawal/Deposit | Free | Free | Free | Free | Free | |
| Balance Inquiry | Free | Free | Free | Free | Free | |
| Mini statement | Free | Free | Free | Free | Free | |
| Utility payment | Free | Free | Free | Free | Free | |
| Usage fee on Non Emirates Islamic / Emirates NBD (UAE Switch) ATMs | ||||||
| Cash Withdrawal | AED 2 | AED 2 | AED 2 | Free | Free | |
| Balance Inquiry | AED 1 | AED 1 | AED 1 | Free | Free | |
| Declined transaction | AED 0 | AED 1 | AED 1 | Free | Free | |
| In Arab Gulf Cooperation Countries at GCC NET ATMs | ||||||
| Cash Withdrawal | AED 6 | AED 6 | AED 6 | Free | Free | |
| Balance Inquiry | AED 3 | AED 3 | AED 3 | Free | Free | |
| International ATMs (outside UAE) | ||||||
| Cash Withdrawal | AED 20 | AED 20 | AED 20 | AED 20 | Free | |
| Balance Inquiry | Free | Free (if available) | Free (if available) | Free (if available) | Free (if available) | |
Notes:
** All charges, commissions and fees are exclusive of Value Added Tax or any other similar sales tax (VAT).