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Savings A/c. Current A/c. Sp. Current A/c. Term Deposits Recurring Deposits Premium current Deposits

PREMIUM CURRENT A/c

  • Scheme set in AED & USD
  • Auto sweep facility
  • Sweep / Reverse sweep will be for AED 50,000/- / USD 13,600/- in excess / shortfall of AED 250,000/- / USD 68,000/-
  • TDs will be opened for one month with auto closure. The proceeds will be credited to the account at the time of day begin
  • Sweep / Reverse sweep will take place at day end activities
  • One cheque book of 50 leaves is free per half year (Apr-Sept & Oct-Mar)
  • Minimum balance to be maintained - AED 250,000/- / USD 68,000/-. Charges to be recovered for not maintaining minimum balance - AED 150/- per month and equivalent amount in USD
  • Interest on Term Deposit * - 1% p.a, with 0% on premature payment
*Terms: Rates are subject to change from time to time

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