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El Nilein UAE Business logo

El Nilein UAE Business

Business current account

UAE business current account with debit-card and conditional cheque access.

Explore

At a glance

Key facts

Minimum balanceAED 5,000 monthly average in the corporate key facts statement
Opening depositNo initial deposit required
Debit cardAvailable on application
Cheque book25 leaves on application after a successful AECB check; AED cheques only
ProfitNone; Qard Hassan current account
StatementsPeriodic email or post statements and online or mobile access

Fees

Monthly-average balance below AED 5,000 · per monthAED 105
Account statement requested at branchAED 26.25
See all fees

Use cases

Use casesBusiness accounts

Fees

105AED

Monthly-average balance below AED 5,000 · per month

26.25AED

Account statement requested at branch

Good to know

Opening documents

The corporate key facts statement asks for an application, FATCA/CRS, a UAE trade licence, relevant constitutional documents, company-named premises evidence, source-of-funds records and identification for shareholders and authorized people. Documents must have at least 30 days of validity; additional KYC may be requested.

Balance requirement

The corporate key facts statement sets AED 5,000 monthly average. The product page still displays AED 3,000; the key facts statement controls the charge shown here.

Account dormancy and closure

A year without customer financial activity or outdated identity or licence details can make the account dormant. Customer-requested closure requires a branch visit, settled cheques and return of unused cheque leaves. The bank normally gives 60 days' notice for bank-initiated closure, except where legal or regulatory action requires otherwise.

Important stuff

El Nilein UAE Business key facts statement

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