Business Lite
Minimum balanceAED 10,000
Monthly maintenancePublished AED 150
Below-balance chargePublished AED 150
EligibilityOwner-run sole proprietorship, including eligible flexible-desk free-zone business
Foreign-currency accessAfter six months
NBF Business
Business bank account packages
Business Lite and four sole-proprietor Value Account packages.
At a glance
Key facts
PlansBusiness Lite; Value Essential, Executive, Preferred and Prime
EligibilityValue and Lite KFSs cover sole proprietors; Lite includes owner-run flexible-desk free-zone businesses
Minimum balanceNone on four Value packages; AED 10,000 on Lite
CurrenciesValue package AED account; Lite starts in AED and permits USD, EUR or GBP after six months
AccessBranch, online banking and ATM access
Debit cardVisa card for AED accounts; first year included on Value packages
Business Lite cheque and card scopeCheque book and debit card are available only with the AED account
ChequesFirst 2–5 books yearly by Value tier; first 2 books on Lite
Fees
Value package account service · per monthFree
Business Lite monthly maintenance · per monthAED 150
Business Lite below-balance charge · per monthAED 150
Use cases
Use casesBusiness accounts, International payments
Plans
Value Essential
Free per month
Minimum balanceNone
Free cheque books2 per year, 50 leaves each
Teller transactionPublished AED 35
Foreign transferAED 26.25 plus correspondent charges
Value Executive
Free per month
Minimum balanceNone
Free cheque books4 per year, 50 leaves each
Teller transactionPublished AED 25
Foreign transfers40 monthly free, then published AED 15
Value Preferred
Free per month
Minimum balanceNone
Free cheque books3 per year, 50 leaves each
Teller transactionPublished AED 30
Foreign transferAED 21 plus correspondent charges
Value Prime
Free per month
Minimum balanceNone
Free cheque books5 per year, 50 leaves each
Teller transactionPublished AED 20
Foreign transfers50 monthly free, then published AED 10
Fees
Free
Value package account service · per month
AED 150
Business Lite monthly maintenance · per month
AED 150
Business Lite below-balance charge · per month
Good to know
Cooling-off period
Business Lite and Value Account offers have a five-working-day cooling-off period after acceptance unless waived; some paid fees are not refunded.
Package eligibility
The published Business Lite and Value KFSs describe sole-proprietor accounts. NBF reviews incorporation and business activity before approval.
Foreign-currency account
Business Lite starts with AED only for the first six months; other currencies become available later. Value package KFSs describe AED accounts.
Transfer costs
Correspondent-bank costs and exchange-rate changes can affect foreign remittances.