Tariff of Charges
Tariff of Charges

 

 

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