Savings Account (Local Currency)
Charge Description Frequency Value
Minimum Balance Monthly AED 3000
Initial Minimum Deposit Per Account
AED 500 for salaried; AED 1000 for non-salaried
AED 10,000 (for non-residents)
Account Monthly Charges Monthly NIL
Low Balance Charge Monthly AED 25 (from 2nd month onwards)
Account Closure Fee Per request
AED 100 (if closed within 1 year)
NIL (if closed after 1 year)
Standing Instructions Establishment Fee Per request AED 50
Payment Execution Fee
- By means of Demand Draft, Payment Order
through Central Bank (postage included)
Per payment AED 25
- By means of SWIFT Transfer in Foreign Currency
(plus applicable charges of SWIFT)
Per payment AED 15
- Within NBAD branches Per payment NIL
Amendment Fee (excl. requests to defer/postpone payment) Per request AED 25
Standing Order favouring charity organisation within UAE Per payment NIL
Release (Clearance) Letter Per request AED 50
Statement of Account Per request
Free within the agreed cycle,
AED 25 outside the cycle
Teller Charge (A/c to A/c transfer, cash withdrawal, cash deposit,
cheque deposit, etc.)
Per item NIL
Utility payment (at branch) Per item AED 10 per transaction
Manager’s Cheque Per item AED 30
Savings Account (Local Currency)
Charge Description Frequency Value
Minimum Balance Monthly AED 3000
Initial Minimum Deposit Per Account
AED 500 for salaried; AED 1000 for non-salaried
AED 10,000 (for non-residents)
Account Monthly Charges Monthly NIL
Low Balance Charge Monthly AED 25 (from 2nd month onwards)
Account Closure Fee Per request
AED 100 (if closed within 1 year)
NIL (if closed after 1 year)
Standing Instructions Establishment Fee Per request AED 50
Payment Execution Fee
- By means of Demand Draft, Payment Order
through Central Bank (postage included)
Per payment AED 25
- By means of SWIFT Transfer in Foreign Currency
(plus applicable charges of SWIFT)
Per payment AED 15
- Within NBAD branches Per payment NIL
Amendment Fee (excl. requests to defer/postpone payment) Per request AED 25
Standing Order favouring charity organisation within UAE Per payment NIL
Release (Clearance) Letter Per request AED 50
Statement of Account Per request
Free within the agreed cycle,
AED 25 outside the cycle
Teller Charge (A/c to A/c transfer, cash withdrawal, cash deposit,
cheque deposit, etc.)
Per item NIL
Utility payment (at branch) Per item AED 10 per transaction
Manager’s Cheque Per item AED 30
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