Platinum Current Account

Key Features

• Currency: A/c can be opened in AED, USD and GBP 
• Cheque Book Facility
  a) Cheque Book Facility available for AED account
  b) Only Bank to Bank transfers will be offered for other currency accounts
• Cheque Book will be issued free of charges
• Minimum Monthly Average Balance (MAB) of AED 2,000,000/- or 500,000/- (MAB) for USD/GBP/CHF
• Free ATM (For Corporate & Personal Accounts)
• Certificates in a year will be issued twice without any charges
• No restriction in number of transactions
• Free statement of Account through e-mail
• No charges for remittance to India to Bank of Baroda account
• No Account Maintenance Charges
• No Intersol charges
• Company will be enrolled as a preferred company for retail loans to its employees

Eligibility

• As per Account Opening Form

Charges

• AED 500/- + VAT per month for non maintenance of minimum balance.
• Inward return cheque charges AED 300+ VAT
• Account closing charges AED 500+ VAT if closed within 1 year and AED 100+ VAT if closed after 1 year
• AED 40 or equiv. flat charges for DD/MT/TT in local/foreign currency from any of the account in AED/USD/GBP account.
• Inward remittance free

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