UAE Business Banking Fees Comparison: What Does a Business Account Actually Cost?

Q: Traditional Bank Business Account Fees (2025)

BankMonthly FeeMin BalanceIntl Wire OutLocal TransferEmirates NBDAED 0AED 10,000 (or monthly fee)AED 50–100Free (UAEEFT)First Abu Dhabi BankAED 0AED 10,000AED 50–150FreeADCBAED 0AED 10,000AED 50–100FreeMashreqAED 150 (waived AED 25k bal)AED 25,000AED 60–120FreeRAK BankAED 75 (waived AED 10k bal)AED 10,000AED 50–100Free

Q: Digital Bank Business Account Fees (2025)

BankMonthly FeeMin BalanceIntl Wire OutFX SpreadWIO BankAED 0NoneAED 25–600.5–1%Mashreq NeoAED 50 (waived AED 30k)AED 30,000AED 500.5–1.5%Zand BankAED 0NoneAED 35–750.5–1%

Q: Hidden Costs to Watch For

Below-minimum-balance fees: AED 50–200/month if your average balance drops below the required minimum. For a company with irregular cash flow, this can add up significantly.FX conversion fees: Traditional banks charge 2–3% on currency conversion; digital banks charge 0.5–1%. For companies with significant international transactions, this difference can save AED 10,000s annually.Cheque processing: Most UAE business accounts still use cheques for landlord payments and large business transactions. Cheque book fees: AED 0–250 per book.Cash deposit fees: Some banks charge AED 1–5 per AED 1,000 for cash deposits above a threshold. If you receive significant cash (e.g., retail business), negotiate a cash handling agreement.

📅 Last reviewed: August 4, 2026📋 By: UAE Freezone Compare Finance Team✅ Fact-checked by UAE Freezone Compare Editorial Team

UAE business banking fees vary significantly between traditional banks and digital banks. Understanding the true cost of business banking helps you budget accurately and choose the right banking partner.

Traditional Bank Business Account Fees (2025)

Bank	Monthly Fee	Min Balance	Intl Wire Out	Local Transfer
Emirates NBD	AED 0	AED 10,000 (or monthly fee)	AED 50–100	Free (UAEEFT)
First Abu Dhabi Bank	AED 0	AED 10,000	AED 50–150	Free
ADCB	AED 0	AED 10,000	AED 50–100	Free
Mashreq	AED 150 (waived AED 25k bal)	AED 25,000	AED 60–120	Free
RAK Bank	AED 75 (waived AED 10k bal)	AED 10,000	AED 50–100	Free

Digital Bank Business Account Fees (2025)

Bank	Monthly Fee	Min Balance	Intl Wire Out	FX Spread
WIO Bank	AED 0	None	AED 25–60	0.5–1%
Mashreq Neo	AED 50 (waived AED 30k)	AED 30,000	AED 50	0.5–1.5%
Zand Bank	AED 0	None	AED 35–75	0.5–1%

Hidden Costs to Watch For

Below-minimum-balance fees: AED 50–200/month if your average balance drops below the required minimum. For a company with irregular cash flow, this can add up significantly.
FX conversion fees: Traditional banks charge 2–3% on currency conversion; digital banks charge 0.5–1%. For companies with significant international transactions, this difference can save AED 10,000s annually.
Cheque processing: Most UAE business accounts still use cheques for landlord payments and large business transactions. Cheque book fees: AED 0–250 per book.
Cash deposit fees: Some banks charge AED 1–5 per AED 1,000 for cash deposits above a threshold. If you receive significant cash (e.g., retail business), negotiate a cash handling agreement.