Fees & Charges

Accounts Services
Minimum Monthly Balance Required
Current Account
AED 3000/ USD equv.
Savings Account
AED 3000/ USD equv.
Time Deposit

No interest for the booked tenure

Below Required Minimum Balance

Current Account
AED 25
Savings Account
AED 25
Time Deposit ( cancellation before maturity)

Rate of the lower term less 50%(min.50)no interest for less than 1 month

Cheque Book Issuance
10 leaves 

AED 10

25 leaves (1st Book for Free)

AED 25

50 leaves

AED 50

Teller Transaction Charges
Teller Services

6 transaction per moth for free, if more AED 10 per tranx after

Foreign currency cash withdrawal
Free
Foreign currency cash deposit
Free
Jordanian Social Security Payment over the counter (free through Arabi Online)

AED 10

Statement of Account Fee

Active Account

AED 25 per cycle “if outside the cycle”

Cheque Collection
Cheque Clearnce (city where Arab Bank branch is located & clearing house)

Free

Cheques payable at centers where central bank clearing facility not available
Free
Foreign currency cheque clearance (cheques for collection outside the UAE)
1/8% with a minimum of AED350 + courrier & swift charges AED 150 
Post date cheque held for collection (per cheque, not incl loan cheques)
Free
Stop payment of cheques
AED 50
Cancel stop payment
Free  
Cheque photocopy

AED 10 if less than one year and AED 20 over one year

Cheque Returned

Financial Reason
AED 100
Non financial Reason
Free
Re-representment after 3 days

AED 100

Special Clearing
Banker/Manager Cheque 
AED 30
Demand Draft cancellation

Free

Cards
Credit Cards
Issuance and annual fee Primary Visa Classic card

Free for Life

Issuance and annual fee Primary Visa Gold card

Free for life

Issuance and annual fee Primary Visa Platinum card

AED 500 (Free for life for Elite customers)

Issuance and annual fee Primary Visa Signature card

AED 1000 (Free for life for Elite customers)

Issuance and annual fee MasterCard Titanium

AED 300 (AED150 for life for Elite customers)

Issuance and annual fee for supplementary Card (Visa Classic, Visa Gold, Visa Platinum & MasterCard Titanium)

Free

Issuance and annual fee supplementary Visa Signature card

AED 500 (Free for Elite customers)

Internet Shopping Card

AED 50

Over limit Fees

AED 200

Late Payment Fees

AED 200

Monthly interest MasterCard Titanium & VISA (Sliver & Gold)

2.99%

Monthly interest VISA Platinum

2.79%

Cash withdrawal

3% with a min of AED 50/- 

Insurance premium (optional)

0.5% of the total outstanding balance 

Charges for CC dispute for successful transaction

AED 100

Card replacement

AED 50

Pin replacement

AED 30

Visa Electron Cards
ATM Card Issuance (1st time)/ renewal
Free
ATM Supplementary Card

AED 25

ATM Card replacement (lost or damaged)

AED 25

ATM Card PIN replacement

AED 25

ATM Transaction Charges

Cash withdrawal\Balance\Deposit enquiry at Arab Bank ATMs for Arab Bank customers

Free

Cash withdrawal - UAE switch ATM (per transaction)

AED 2

Cash withdrawal - GCC ATM (per transaction)

AED 6

Cash withdrawal - International non-Arab Bank ATM (per transaction)

4% +US$ 2.75 +0.5%

Cash withdrawal - International using Arab Bank ATM (Arabi Net)

2% (Min of 10 AED and Max of 50 AED )

Balance enquiry - UAE switch ATM (per transaction)

AED 1

Processing fee for foreign currency transaction added to the foreign exchange rate

2%

Copy of sales slip
AED 25

Personal Loans
Processing Fees (new, topup)

1% of loan Amount, Min AED 500,Max AED 2500

Delayed payment penal interest charges

2% of the due amount Min AED 50, Max AED 200

Deferment of installment

AED 100 per deferment

Early settlement from same\other bank loans\EOSB

1% of remaining balance

Loan Resheduling Fee
AED 250
Loan Cancellation Fee

AED 100

Car Loans
Processing Fees

1% of loan Amount, Min AED 500,Max AED 2500

Early settlement for car loan

1% of remaining balance

NOC to traffic department

Free

Replacement of existing post dated chq's with new post dated chq's

Free

Change of due date on standing instructions
AED 25
Loan Resheduling Fee
AED 250
Late payment penal interest charges

2% over agreed rate, Min AED 50, Max AED 200

Certificates
Audit confirmation certificate
Free
Introduction and Recommendation certficate

Free

Certificate for account authorized signatory

Free

Certificate of Balance

AED 50

Embassy Balance certificate

AED 50

Release letter (for  Auto Loans )

AED 50

Liability certificate (for Personal loans, Auto Loans & C.C.)

AED 100

No liability letter (for Personal loans, Auto Loans & C.C.)

AED 100

Liability Certificate for mortgage

AED 1000

Mortgage release letter addressed to the land department

AED 500

Mortgage release letter addressed to the developer

AED 500

Remittances

Outward remittance

Local currency (AED) within UAE

AED 1 via online / AED 5 via the Branch

Outside UAE

AED 100 plus correspondent Bank fees if applicable

Transfer to any account cross Arab Bank plc

AED 1 via online / AED 100 via the Branch

Swift copy

AED 10

Swift copy
AED 10

Inward remittance

Inward Remittances within UAE
AED 1
Inward Remittances international
AED 25
Access Cash

AED 365 (USD 100)

Standing Order
Set up cost per standing instruction through Branch
AED 50
Set up cost per standing instruction through Internet Banking

Free

Amendment of instructions
AED 50
Charge for non-execution due to customer's non-compliance
AED 25

Safe Box Commission

 

Retail

Premium

Elite

Safety Box (Small) AED 750p.a AED 600p.a AED 500p.a
Safety Box (Medium Small)
AED 1000p.a
AED 850p.a AED 750p.a
Safety Box (Medium Large)
AED 1250p.a
AED 1100p.a AED 1000p.a
Safety Box (Large)
AED 1500p.a
AED 1350p.a AED 1250p.a
Deposit for Safe Box Key

AED 1000

Replacement of lost and broken key

AED 2000

Miscellaneous
Signature Authentication for individuals accounts

Free

Account closing (if closed within one year of opening)

AED 100/-(If closed within 1 year of opening)otherwise free

Account overdrawn Fees

15 per month as long as the account is overdrawn

Direct Banking Services

Phone banking (Hala Arabi)

Free

Online banking (Arabi Online)

Free

SMS banking

Free


Direct Debit System

Direct Debit Authority (deduct the fees when activating the service)

Originator

Payer

Finance \ Loans \ Cards

-

AED 150

Non Finance \ Bill Payments

AED 50 

AED 150

Direct Debit Authority cancelation (Once become Inactive)

Originator

Payer

 Finance \ Loans \ Cards

 -

 -

 Non Finance \ Bill Payments

 -

 AED 25

Direct Debit Request

Originator

Payer

Processing of Direct Debit Request

 -

 AED 10

 Insufficient fund

 -

 AED 25