Al Masraf Corporate Current

Corporate current account

Corporate current accounts with distinct Corporate/HNI and commercial bundle terms.

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At a glance

Key facts

Account typeCorporate current account; optional commercial SME bundle membership has separate pricing

CurrenciesAED, USD, EUR and GBP

Minimum balanceCorporate/HNI AED 20,000 monthly average; commercial bundle floors differ by plan

Cheque bookFirst AED cheque book included, subject to AECB and Central Bank criteria

Digital accessOnline banking, emailed monthly statements and UAE direct debit on request

International transfersElectronic or manual foreign-currency remittances; charges vary by account channel and scope

PayrollWPS processing is included for eligible commercial bundles

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Fees

Commercial Standard charge below required current-account balance · per monthAED 262.5

Commercial Gold charge below required current-account balance · per monthAED 262.5

Commercial Platinum charge below required current-account balance · per monthAED 157.5

See all fees

Use cases

Use casesBusiness accounts, International payments, Payroll

Plans

Commercial Standard

Minimum monthly average balanceAED 20,000

Below-balance chargeAED 262.50 monthly

Branch teller allowanceSix free transactions monthly

Commercial Gold

AED 525 per month

Minimum monthly average balanceAED 30,000

Below-balance chargeAED 262.50 monthly

Branch teller allowanceSix free transactions monthly

Cheque allocation50 free leaves monthly

Commercial Platinum

AED 787.5 per month

Minimum monthly average balanceAED 100,000

Below-balance chargeAED 157.50 monthly

Branch teller allowanceTen free transactions monthly

Cheque allocation100 free leaves monthly

Commercial Titanium

AED 1,050 per month

Minimum monthly average balanceAED 200,000

Below-balance chargeAED 78.75 monthly

Current-account maintenanceAED 105 each quarter

Branch teller allowanceTwenty free transactions monthly

Cheque allocation150 free leaves monthly

Fees

262.5AED

Commercial Standard charge below required current-account balance · per month

262.5AED

Commercial Gold charge below required current-account balance · per month

157.5AED

Commercial Platinum charge below required current-account balance · per month

Commercial Titanium charge below required current-account balance · per monthAED 78.75

Commercial Standard current-account maintenance, charged quarterlyFree

Commercial Gold current-account maintenance, charged quarterlyFree

Commercial Platinum current-account maintenance, charged quarterlyFree

Commercial Titanium current-account maintenance, charged quarterlyAED 105

Commercial Gold SME bundle membership · per monthAED 525

Commercial Platinum SME bundle membership · per monthAED 787.5

Commercial Titanium SME bundle membership · per monthAED 1,050

Commercial Standard additional corporate cheque-book leafAED 1.05

Commercial Gold additional corporate cheque-book leafAED 1.05

Commercial Platinum additional corporate cheque-book leafAED 1.05

Commercial Titanium additional corporate cheque-book leafAED 1.05

Commercial Standard post-dated cheque lodged for collectionAED 26.25

Commercial Gold post-dated cheque lodged for collectionFree

Commercial Platinum post-dated cheque lodged for collectionFree

Commercial Titanium post-dated cheque lodged for collectionFree

Commercial Standard post-dated cheque withdrawalAED 26.25

Commercial Gold post-dated cheque withdrawalAED 78.75

Commercial Platinum post-dated cheque withdrawalAED 78.75

Commercial Titanium post-dated cheque withdrawalAED 78.75

Commercial Standard post-dated cheque extensionAED 26.25

Commercial Gold post-dated cheque extensionAED 26.25

Commercial Platinum post-dated cheque extensionAED 15.75

Commercial Titanium post-dated cheque extensionFree

Commercial Standard branch teller transaction beyond plan allowanceAED 10.5

Commercial Gold branch teller transaction beyond plan allowanceAED 10.5

Commercial Platinum branch teller transaction beyond plan allowanceAED 10.5

Commercial Titanium branch teller transaction beyond plan allowanceAED 10.5

Corporate/HNI current account below AED 20,000 monthly average · per monthAED 262.5

Corporate/HNI current-account maintenance, charged quarterlyAED 105

Corporate/HNI call account below AED 100,000 · per monthAED 525

Corporate/HNI call-account maintenance, charged quarterlyAED 157.5

Corporate/HNI current-account closure within six monthsAED 262.5

Corporate/HNI first cheque bookFree

Corporate/HNI additional cheque-book leafAED 1.05

Corporate/HNI cheque book uncollected within one monthAED 52.5

Corporate/HNI personalised 50-leaf cheque bookActual cost

Corporate/HNI manager's cheque issuanceAED 31.5

Corporate/HNI manager's cheque cancellationAED 52.5

Corporate/HNI post-dated cheque depositAED 26.25

Corporate/HNI post-dated cheque withdrawalAED 26.25

Corporate/HNI post-dated cheque extensionAED 26.25

Corporate/HNI returned post-dated chequeAED 105

Corporate/HNI unpaid chequeAED 315

Corporate/HNI cheque stop paymentAED 210

Corporate/HNI special cheque clearingAED 215.25

Corporate/HNI online banking setupAED 210

Corporate/HNI view-only online banking · per monthAED 105

Corporate/HNI transactional online banking · per monthAED 210

Corporate/HNI WPS per Ministry of Labour ID, manual or onlineAED 105

Corporate/HNI WPS manual salary fileAED 420

Corporate/HNI WPS online salary fileFree

Corporate/HNI WPS manual employee salary recordAED 3.15

Corporate/HNI WPS online employee salary recordAED 3.15

Commercial Standard unpaid chequeAED 315

Commercial Standard cheque stop paymentAED 210

Commercial Standard special cheque clearingAED 215.25

Commercial Standard online banking setupAED 210

Commercial Standard view-only online banking · per monthAED 105

Commercial Standard transactional online banking · per monthAED 210

Commercial Standard WPS per Ministry of Labour ID, manual or onlineAED 105

Commercial Standard WPS manual salary fileAED 420

Commercial Standard WPS online salary fileFree

Commercial Standard WPS manual employee salary recordAED 3.15

Commercial Standard WPS online employee salary recordAED 3.15

Corporate/HNI inward or foreign cheque collection0.1365% of cheque, minimum AED 105, maximum AED 525; foreign collection adds AED 52.50 courier

Corporate/HNI business debit-card issue or renewalFree

Corporate/HNI supplementary business debit cardAED 26.25

Corporate/HNI replacement debit-card PINAED 26.25

Corporate/HNI lost business debit-card replacementAED 26.25

Corporate/HNI cash withdrawal at Al Masraf ATMFree

Corporate/HNI other UAE-bank ATM withdrawalAED 2.1

Corporate/HNI other UAE-bank ATM balance inquiryAED 1.05

Corporate/HNI debit-card sales-slip copyAED 26.25

Corporate Banking standing-instruction setupAED 52.5

Corporate Banking standing-instruction executionFree

Corporate Banking standing-instruction amendment or cancellationAED 21

Corporate Banking standing instruction not executed for insufficient fundsAED 52.5

Corporate/HNI foreign-currency cash deposit or withdrawal2.1% of amount, minimum AED 26.25

Corporate/HNI unauthorised overdraft fixed charge, plus debit interestAED 210

Corporate Banking outward UAE FTS transfer at branchAED 52.5

Corporate Banking outward UAE FTS transfer electronicallyAED 26.25

Corporate Banking outward foreign-currency SWIFT transferAED 84

Corporate/HNI SWIFT transfer recall, cancellation or amendmentAED 105

Corporate/HNI SWIFT message copyAED 52.5

Corporate/HNI foreign-currency demand draftApplicable currency rate plus AED 31.50

Corporate/HNI demand-draft stop paymentAED 105

Corporate/HNI demand-draft cancellationAED 52.5

Corporate/HNI same-day transfer adviceAED 21

Corporate/HNI next-day transfer adviceFree

Corporate/HNI incoming local-currency remittanceFree

Corporate/HNI incoming foreign-currency remittanceAED 105 through AED 100,000; AED 157.50 through AED 500,000; AED 262.50 above AED 500,000

HNI incoming local-currency SWIFT payment0.13125%, minimum AED 52.50, maximum AED 525

Corporate/HNI incoming foreign-currency SWIFT payment0.13125%, minimum AED 157.50

Corporate Banking balance certificateAED 157.5

Corporate Banking audit confirmationAED 210

Corporate/HNI no-liability letterAED 525

Corporate/HNI clearance letterAED 525

Corporate/HNI customer-signature confirmationAED 105

Corporate/HNI business mail or courierAED 105

Corporate/HNI direct-debit setupAED 52.5

Direct-debit authority confirmationFree

Direct-debit authority amendmentFree

Corporate/HNI direct-debit cancellationAED 52.5

Corporate/HNI direct-debit stop paymentAED 26.25

Good to know

Corporate/HNI versus commercial

The corporate tariff separates Corporate Banking/HNI rates from Commercial Banking Standard, Gold, Platinum and Titanium columns. Commercial bundle benefits apply only with the signed SME membership.

Opening eligibility

A UAE-established entity needs a valid trade licence and registered commercial lease. Flexi-desk and business-centre entities are not eligible for this current account, and the bank reviews application documents.

Package exit

Opting out of or downgrading a paid commercial SME bundle within twelve months costs three times its monthly membership price.

Account activity

The account becomes inactive after six months without customer activity and dormant after three years. Reactivation requires a request and refreshed KYC documents.

Cooling off

Closing within five business days after opening avoids the account-closure charge; applicants may waive the cooling-off period.

Payment costs

International or foreign-currency payments may add exchange and correspondent costs. AED cheque books and direct-debit services are subject to the account's eligibility rules.

Important stuff

Al Masraf Corporate Current key facts statement

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Al Masraf corporate banking schedule of charges

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Al Masraf business bundle inclusions