| Personal Accounts |
| |
Retail
|
Suhail Premier Services *
|
| A. Deposit Accounts balance requirements and fees |
|
|
Current Accounts
(Individuals) |
AED 75 per month if Minimum balance below AED 4,000
|
Free
|
Current Accounts
(Business Entities) |
AED 100 per month if Minimum balance below AED 10,000
USD 30 per month, if minimum balance below USD 3,000
GBP 15 per month, if minimum balance below GBP 1,500
EUR 20 per month, if minimum balance below EUR 2,000
|
N/A
|
| Savings Account |
AED 75 per month if Minimum balance below AED 2,500
|
Free
|
NBD Value Account (Minimum balance variant)
|
AED 100 per month if Minimum balance below AED 5,000
|
AED 100 per month if Minimum balance below AED 5,000
|
NBD Value Account
(Monthly fee variant) |
AED 30 per month
|
AED 30 per month
|
| Call Accounts |
No interest will be payable if balance is below
AED 50,000 / USD 15,000 / GBP 10,000 / EUR 20,000.
|
No interest will be payable if balance is below AED 50,000 / USD 15,000 / GBP 10,000 / EUR 20,000
|
| Ajial Accounts |
Free
|
Free
|
| Payroll Accounts |
Free ( to be converted to Retail Current account if 3 months' salary is not received in the account)
|
Free ( to be converted to Retail Current account if 3 months' salary is not received in the account)
|
| Abeer Accounts |
|
|
| Current |
AED 75 per month if Minimum balance below AED 4,000
|
Free
|
| Savings |
AED 75 per month if Minimum balance below AED 2,500
|
|
| B Fixed Deposits |
|
|
| Minimum Deposit Required |
AED 10,000 or equivalent of USD 5,000 in other currencies
|
AED 10,000 or equivalent of USD 5,000 in other currencies
|
| * Suhail Premier services available to customers who maintain a total minimum relationship of AED 500,000 (or equivalent in other currencies) across all Deposit Accounts, Fixed Deposits and Investments with the Bank |
| Break before maturity |
No notice required for withdrawals. Interest 1% lower than rate applicable as at date of placement for the period the deposit is actually retained.
|
No notice required for withdrawals. Interest 1% lower than rate applicable as at date of placement for the period the deposit is actually retained.
|
| C Recurring Deposit |
|
|
| Break before maturity |
Interest rate applied will be the Savings Account interest rate prevailing on date of opening or closing of the recurring deposit, whichever is lower
|
Interest rate applied will be the Savings Account interest rate prevailing on date of opening or closing of the recurring deposit, whichever is lower
|
| D Duplicate Passbook |
AED 50
|
AED 25
|
| E Issue of Cheque Book |
|
|
|
Normal Cheque books
|
|
|
|
First book
|
Free
|
Free
|
|
Additional 5 leaves
|
|
Free
|
|
Additional 25 leaves book
|
AED 20
|
Free
|
|
Customised Cheque Book
|
Actual Cost
|
Free
|
|
Cheque usage (NBD Value Account)
|
First 4 cheques in a month free. Subsequently, AED 10 per cheque.
|
Free
|
|
F Cheques drawn on us returned unpaid for lack of funds
|
AED 200
|
AED 200
|
| G Special Clearing - Outward (within same Emirate) |
AED 100
(per cheque)
|
AED 100
(per cheque)
|
| H Special Clearing - Inward |
|
|
|
Proceeds by Managers Cheque
|
AED 100
|
AED 75
|
|
Proceeds through UAE Central Bank
|
AED 100 + CB charges
|
AED 75 + CB charges
|
| I Stop Payment of cheques |
|
|
| Per cheque |
AED 100
|
AED 50
|
| Per cheque book |
AED 200
|
AED 100
|
| J Closure of Current and Savings Accounts within 6 months of opening |
AED 100
|
AED 100
|
| K Dormant Account Charges |
AED 100 per year
|
AED 100 per year
|
| L Duplicate Statement of Current and Savings Account |
Up to 6 months:
AED 25 per month
Over 6 months
AED 50 per month
|
Free
|
| M Copies of Paid Cheques or other source documents |
Up to 3 months:
AED 25 per copy
Over 3 months
AED 50 per copy
|
Up to 3 months:
AED 25 per copy
Over 3 months
AED 50 per copy
|
| N NBD Telebank |
Free
|
Free
|
| O NBD Online |
Free
|
Free
|
| Issue of Demand Draft |
AED 15
|
|
| Issue of Manager's Cheque |
AED 15
|
AED 10
|
| Telegraphic Transfer: |
|
|
Arab Gulf Co-operative Council Countries:
Direct Currency
Cross Currency |
AED 60
AED 60
|
AED 50
AED 50
|
Other Countries:
Direct Currency
Cross Currency |
AED 60
AED 75
|
AED 50
AED 50
|
| P NBD Mobile |
Free
|
Free
|
| Q Standing Instructions (not applicable to Loan instalment recoveries for NBD loans) |
|
|
| Setup Fee for all Standing Instructions |
AED 50
|
|
| Handling charges only in cases where Standing Instruction is executed manually. |
AED 20 per transaction in addition to applicable instrument charges. Handling charge is to be levied even if instruction is not executed
|
AED 20 per transaction in addition to applicable instrument charges. Handling charge is to be levied even if instruction is not executed
|
| Amendment (including Transaction postponement) |
AED 25
|
AED 25
|
| Failed Standing Orders |
AED 150 (where reason is insufficient funds)
|
AED 150 (where reason is insufficient funds)
|
| R Letters of Encashment / Cheque Certification |
1/8% per month
|
1/8% per month
|
| S Cheque Certification |
Minimum 1/4% or AED 100 whichever is higher
|
Minimum 1/4% or AED 100 whichever is higher
|
| T Post dated cheques for presentation on due date |
AED 10
(Per instrument)
|
AED 10
(Per instrument)
|
| U If PDC withdrawn before maturity, an additional charge will be levied |
AED 10
(Per instrument)
|
Free
|
| Note: Where any transaction involves the same foreign currency on both sides, commission to be recovered in lieu of exchange as per item C - 'Over the Counter Transactions' of this guide in addition to normal transaction charges. |
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