| Account Opening Fees | No Charges |
| Account Closure Fee (if closed within 6 months) | AED 100 (per account) |
| Savings Account (Minimum Balance Requirement) | AED 3,000 |
| Current Account (Minimum Balance Requirement) | AED 3,000 |
| 2in1 Account | 2in1 Account (Minimum Balance Requirement) Minimum Balance of AED 3000 or minimum salary i.e. 5000 not transferred AED 25 to be charged (once a month) |
| Monthly charge if the account balance falls below the minimum required (for both Saving & Current) AED/USD/EUR/GBP | AED 25 or equivalent in other currencies (per account) |
| Standing Instruction / Direct Debit Set up (Other than Ajman Bank internal transactions) | AED 50 (per request) |
| Insufficient funds fee for Standing order/Dierct Dibet Authority | AED 25 (per transation) |
| Balance confirmation letter | AED 50 (per request) |
| Dormant Account Activation Charges | No Charges |
| Monthly e-statement of account | No Charges |
| Adhoc Physical Statement of account on request per cycle (per month) | AED 25 |
| Teller Services (6 Free per Month) | Additional at AED 10 per transaction |
| Bulk Cash Deposit & Withdrawal at teller counter (AED) | No Charges |
| Foreign currency deposit & withdrawal in foreign currencies | 1 % of the amount |
| Minimum Balance to participate in Mudarabah Pool | AED | USD | EUR | GBP |
| Savings Account | 5000 | 1000 | 800 | 800 |
| Term Deposits | 10000 | 5000 | 5000 | 5000 |
| 2in1 Account | 5000 | N/A | N/A | N/A |
| Current Account | NA | |||
| Cheque Book Issuance | First Free / additional cheque for AED 1 per cheque leaf |
| Cheques returned drawn on the account (Per instrument/cheque) | AED 100 |
| Cheque payable at centers where central bank clearing facility not available. | No Charges |
| Returned cheque deposited in own account | No Charges |
| Counter Cheques-cash withdrawal | No Charges |
| Cheque for collection within the UAE | No Charges |
| Cheque for collection outside the UAE (per instrument / cheque) | 0.125% or AED 200 whichever is higher |
| Stop payment (per instrument / cheque) | AED 50 |
| Cheque photocopy (per instrument / cheque) | Less than 1 year AED 10 , Over 1 year AED 20 |
| Post Dated Cheques lodgment charges (per instrument / cheque) | AED 10 each |
| Post Dated Cheques withdrawal charges (per instrument / cheque) | AED 10 each |
| XX - Small size (Annually) | AED 200 |
| X - Small size (Annually) | AED 250 |
| Small size (Annually) | AED 300 |
| Medium size (Annually) | AED 600 |
| Large size (Annually) | AED 900 |
| Security deposit required to avail lockers ( Per Locker -Onetime) | AED 3,000 |
| Central Bank Transfer within the UAE for individuals (per request) | AED 5 |
| Central Bank Transfer within the UAE for companies (per request) | AED 45 (No charges for Salary transfers) |
| Telex Transfer (other currencies within and outside UAE and in AED outside UAE) (per request) | AED 80 |
| Internet & Mobile Banking (per request)- Remittance | (Local fund transfer fees AED 1) and (International fund transfer AED 30) |
| Swift copy charges (per request) | AED 15 |
| Manager Cheque / Demand Draft / Pay Order - Issuance / Cancellation (per request) |
Issuance AED 30 Cancellation AED 75 |
| Debit Card Issuance | No Charges |
| Debit Card Replacement (per card) | AED 25 |
| Copy of sales slip (per request) | AED 25 |
| Joint Account Debit Card issuance | free |
| Using Ajman Bank ATM | |
| Withdrawal/Deposit | No Charges |
| Balance inquiry | No Charges |
| Transfer within accounts | No Charges |
| Using UAE SWITCH ATM | |
| Withdrawal (per transaction) | AED 2 |
| Balance inquiry (per transaction) | AED 1 |
| Decline for insufficient Funds (per transaction) | AED 1 |
| Using GCC SWITCH ATM | |
| Withdrawal (per transaction) | AED 6 |
| Balance inquiry (per transaction) | AED 3 |
| Using Other Countries ATM | |
| Withdrawal (per transaction) | As per host country OR AED 20 (whichever is higher) |
| Balance inquiry (per transaction) | As per host country |
| Processing fees for foreign currency transaction added to the foreign exchange rate (per transaction) | 2% per transaction |
| Liability certificate issued to financial institutions (per request) | AED 60 |
| Liability certificate issued to Government Departments/Embassies (per request) | AED 60 |
| SMS Banking Charges | No charges |
| Utility Bill payment (ATM, Mobile and Online Banking Free) (per transation) | AED 10 for counter Payment |
| No Liability Certificate / Clearance (per request) | AED 60 |
| Release Letter (per request) | AED 50 |
| Processing Fee (per request) | 1% of Finance Amount, Min AED 500 - Max AED 2,500 |
| Takaful Charges (per request) | Takaful Contribution % (0.0060%)* x Finance Amount x Tenure |
| Early Settlement Fees from othe banks (per request) | 1% of the Outstanding amount or AED 10,000 whichever is lower |
| Final settlement from other sources / EOSB (per request) | 1% of the Outstanding amount or AED 10,000 whichever is lower |
| Late Payment Fees Force Donation (per instance) | 2% of Delayed Amount, Max AED 200 |
| Liability letter fees (per request) | AED 60 |
| Islamic Covering Drawing (per request) | AED 200 |
| Finance Cancellation Fee (per request) | AED 100 |
| Deferment of Installment (service fees) | AED 100 per deferment |
| Salary Advance service fees (per request) | AED 200 |
| Other (Finance Copy, issuing redemption statements, audit confirmation etc.) (per request) | AED 25 |
| Processing Fee(per request) | 1% of Finance Amount, Min AED 500 - Max AED 2,500 |
| Early Settlement Fee (per request) | 1% of the Outstanding |
| NO Objection Certificate to Traffic Department | No Charges |
| Replacement of Existing post dated Cheques with new post dated Cheques / Direct Depit Authority | No Charges |
| Change due date in the Standing Instructions / Direct Depit Authority(per request) | AED 25 |
| Late Payment Fees Force Donation (per intance) | 2% Over agreed rate, Min AED 50 - Max AED 500 |
| Deferment of Installment service fees (per request) | AED 100 |
| Advance payment of installment service fees (per request) | 1% of Installmant |
| Issuance of Liability Letters to other Banks (per request) | AED 60 |
| Finance Cancellation Fee (per request) | AED 100 |
| Monthly Fee Based Cards | Roadmiles Classic | Roadmiles Premium | Roadmiles Platinum | Power Gold | Power Platinum | Power World | |
| Monthly Membership Fee | AED 350 | AED 650 | AED 1000 | AED 650 | AED 850 | AED 1,500 | |
| Primary Card annual fee | AED 200 | AED 250 | AED 300 | AED 300 | AED 400 | AED 500 | |
| Supplementary card(s) | First 2 cards are free, then AED 50 per annum / card | ||||||
| Late Payment Fees Force Donation (per instance) | AED 125 | ||||||
| Cash advance Fee per transaction up to 5,000 | AED 150 | ||||||
| Card Replacement Fee (per request) | AED 75 | ||||||
| Duplicate Statement (per request) | AED 45 per month | ||||||
| Copy of sales Voucher (per request) | AED 65 | ||||||
| Processing Fee for FX transactions (per transation) | Master Card - 3.5% & Visa - 4% | ||||||
| Credit Shield | 0.95% per month | ||||||
| Liability / No liability Letter (per request) | AED 50 | ||||||
| General for Fee Based Credit Cards | |||||||
| Payment due date from statement date | Up to 22 days | ||||||
| Minimum amount due | 5% of principle outstanding & 100% of all fees amount or AED 100 (whichever is higher) | ||||||
| Maximum withdrawal amount (per transaction) | AED 5,000 | ||||||
| Cash Advance (% of Credit Limit) | 100% | ||||||
| Direct Debit Set-up charge for Credit Card dues recovery (per request) | AED 50 | ||||||
| Easy Payment Planservice charges - Retail Purchases (per request) | 5% of the transaction amount | ||||||
| Easy Payment Planservice charges - Balance Transfer (per request) | 4% of the transaction amount | ||||||
| Easy Payment Plan service charges - Easy Cash (per request) | 4% of the transaction amount | ||||||
| Foreclosure fees - EPP (per request) | AED 200 | ||||||
| Islamic Covered Cards | |||||||
| Card Types | ULTRACASH Platinum | BRight Titanium | BRight Platinum | BRight World | |||
| Murabaha Profit Rate (p.m.) | 3.50% | 3.50% | 3.50% | 3.50% | |||
| Primary Card Annual Fee |
UAE Nationals: AED 500 Expats: AED 300 |
Free for life | AED 1,000 | AED 1,500 | |||
| Supplementary Card annual Fee | First 2 cards are free then AED 50 per annum per card | First 2 cards are free then AED 50 per annum per card | AED 50 | AED 50 | |||
| Late Payment fees Forced Donation (per instance) | AED 125 | ||||||
| Cash advance service fee (per transaction) | AED 150 | ||||||
| Card Replacement Fee (per request) | AED 75 | ||||||
| Duplicate Statement (per request) | AED 45 per month | ||||||
| Copy of sales voucher (per request) | AED 65 | ||||||
| Processing fee for foreign currency (per transaction) | 3.5% of transaction amount | 2% of transaction amount | 0.00% | 0.00% | |||
| Credit Shield | 0.95% per month | ||||||
| General for BRight Card | |||||||
| Payment Due date from statement date | Up to 25 days | ||||||
| Minimum amount due | 5% of outstanding and all fees and charges | ||||||
| Cash Advance (% of Credit Limit) | 90% | ||||||
| Easy Payment plan Foreclosure fee (per request)
|
AED 200 |
||||||
| Arrangement Fees | PreApproval fees for Home Finance | AED 3,000 |
| PreApproval fees for Land Finance | AED 5,000 | |
| Processing fees for Home and Land Finance (per request) | Finance amt up to 5 MN - 1% of Finance amount Finance amt from 5 MN to 10 MN - 0.80% of Finance amount Finance amt greater than 10 MN - 0.70% of Finance amount Max Cap - 100,000 | |
| Partial settlement charges (per request) | 1% of the Partially settled amount or AED 10,000 whichever is lower | |
| Early settlement charges (per request) | 1% of the Outstanding balance or AED 10,000 whichever is lower | |
| Cancellation Fees | Cancellation of Pre/Final approval by customer | No Refund |
| Application declined by the Bank | Refund Processing Fee | |
| Takaful (Insurance) Fees | Property Takaful Fees | 0.036% per annum (per transation) |
| Life Takaful Fees | As specified by the provider | |
| Letter Fees | Liability Letter | AED 85 (per request) |
| Clearance Letter | AED 95 (per request) | |
| Request of other Letters | AED 90 (per request) | |
| Renewal of Approval Fee | Offer Letter Renewal | AED 2,500 (per request) |
| PreApproval Renewal | AED 1,000 (per request) | |
| Change in approval terms | AED 1,000 (per request) | |
| Other Fees | Late Payment Fee (Force donation) | Max AED 700 (per instance) |
| Copy of any other document | AED 100 (per request) | |
| Property evaluation fee | Payable to Ajman Bank | AED 2,500 (per request) |
| Municipality Fee / Lands Department Fees | Registration Fee | As per the particular Emirate of UAE Municipality Tariff (per request) |
| Deferment of Installment (service fees) | AED 100 (per request) | |
| Property Management Fee | 2% of annual rental (per request) | |
| Retention Processing Fee (except top up) | AED 1,000 for all approved cases (per request) | |
| Change in installment recovery dates | AED 100 (per request) | |
| Non-standard statement production/copy of original documentation | AED 100 (per request) | |
| Other certificates | AED 75 (per request) | |
| Property Swaps Administration Fee | AED 1,320 (Valuation Included) (per request) | |
| Issuance of NO e Objection Certificate | AED 150 (per request) | |
|
Transguard Guard (TG)- Cash & cheque collection service |
|
|
Scheduled cash & Cheque Collection |
120 per pick up Collection |
|
Scheduled Cheque Collection pick up |
20 per pick up Collection |
|
Ad-hoc cash or cheque collection |
120 per pick up Collection |
|
Exchange Cash (per delivery when done simultaneously with CIT services) |
14 per delivery |
|
Exchange Cash per delivery |
120 per delivery |
|
Transguard Guard (TG)- Smart Cash Deposit Machine (SCDM) |
|
|
1200 Notes |
1160 |
|
2500 Notes |
2525 |
|
4000 Notes |
3412 |
| 10000 Notes |
3557 |
| ll SCDM fees will be for a minimum of 24 months from Activation date and any rmination within the period will be subject to pre-termination fees.(12 months rental fees) | |
| Ad-hoc Machine Clearance | 100 per Clearance |
| Machine Pull-out fee | 1300 per Machine |
| Machine relocation | 1300 per Machine |
| Remote Cheque Deposit Services (ICCS) | |
| Scanner fee (One-Time) | 7350 |
| On-Site set up fee (perlocation) | 525 |
| Monthly fees Remote cheque clearing service and courier service @ velocity (up to two times per week) | 367 |
| Lodgment of PDC cheques scanned through Remote Cheque Deposit | 10 |
| First Cheque Book | No Charges |
| Subsequent Cheque book | No Charges |
| ATM / Debit card replacement | No Charges |
| Cash Withdrawal - UAE ATM Switch | No Charges |
| Cash Withdrawal - GCC ATM Switch | No Charges |
| Cash Withdrawal - International ATM | AED 20 or APHC (As per host country)(per transation) |
| Credit Card Annual Fee | Free for life |
| Managers Cheque / Demand Draft | No Charges |
| International Remittance | No Charges |
| Small size (Annually) | No Charges |
| Medium size (Annually) | AED 300 |
| Large size (Annually) | AED 450 |
| Security deposit required to avail lockers | No Charges |
| SMS Alerts | No Charges |
| Eligibility Criteria (Individuals) | Minimum Balance Charges will be applied for customer if not meeting criteria of maintaining minimum salary AED 40 K or Deposit Balance of AED 250k or Takaful Plan of AED 80 K or Investment Amount of AED 500 K Note: All other pricing for Priority Banking customers will apply as per standard Tariff of Charges |
| Monthly Charges if eligibility criteria are not met (Individuals) | AED 150 (per month) |
| Minimum balance requirement (Company Account) |
350,000 AED |
| Monthly Charges if the account balance falls below the minimum required (Company Account) | AED 500 (per month) |
| Note: All other pricing for Priority Banking customers will apply as per standard Tariff of Charges | |
| All charges above are exclusive of 5% VAT | |
| updated as of November 2023 | |
Ajman Bank Public Joint Stock Company (P.J.S.C) is licensed by the Central Bank of the UAE. All our products and services are Shari’ah complaint.
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