Free
Entelaqati account opening · one-time
Al Masraf Entelaqati
Emirati SME business account
An Emirati SME account with no balance floor, online payroll and monthly cheque allocation.
At a glance
Key facts
Account typeEntelaqati SME current or savings account
Minimum balanceNone; no below-balance penalty
Monthly transactionsNo minimum or maximum number of monthly transactions
Credit-balance returnsConventional current and savings credit balances do not earn interest; Islamic savings profit is separate
CurrenciesAED, USD, EUR, GBP, CAD, CHF, SAR, QAR, SEK, CNY, JPY and AUD
EligibilityUAE-national-owned entity in a government-backed SME program, established within six years and below AED 50 million turnover
PayrollOnline WPS and non-WPS file or record charges waived under the package
International transfersOnline shared-charge international transfers have a published bank charge; other-bank costs can remain
Teller allowanceSix free branch teller transactions each month
Cheque booksFirst 10-leaf book and one eligible 50-leaf book monthly thereafter
Fees
Entelaqati account opening · one-timeFree
Entelaqati monthly account membership · per monthAED 262.5
Al Masraf online banking setup and monthly accessFree
Use cases
Use casesBusiness accounts, International payments, Payroll
Fees
262.5AED
Entelaqati monthly account membership · per month
Free
Al Masraf online banking setup and monthly access
Good to know
Business eligibility
The applicant must hold a valid UAE trade licence and registered commercial lease, and belong to a government-supported SME program. Flexi-desk and business-centre entities are not eligible for this current account.
Cheque access
Cheque books apply to the current account, subject to AECB and Central Bank criteria. An uncollected book may be cancelled after 45 days at the account holder's cost.
Account activity
The relationship becomes inactive after six months without a customer transaction and dormant after three years; reactivation requires a request and updated KYC.
Cooling off
Closing within five business days of opening avoids an account-closure fee; applicants can waive that cooling-off period to begin sooner.
Included access
Online banking, the eligible debit card and six monthly teller transactions are included. Corporate credit-card issuance still requires approval; POS partner rates are preferential but not numerically published.