ADIB Sme Accounts in UAE

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ADIB Smart Account

Features of ADIB SME Account

  • Free online international transfer of funds
  • You’ll be assigned with a dedicated relationship manager
  • On high ATM and POS limits get free business platinum Debit Card
  • Get personalized ADIB platinum Cheque books
  • Account can be opened in AED and other major currencies also
  • You can do free local transfer of funds

Documents Required of ADIB SME Account

  • Valid Passport and residence Visa
  • Original Emirates ID
  • Articles of Association (AOA)
  • Board Resolution
  • Trade Licence
  • Memorandum of Association (MOA)
  • Chamber of Commerce Certificate copy

ADIB SME Account

ADIB Bank

6 ADIB Bank SME Accounts

Business Elite

interest rate

Interest Rate

0%

minimum balance

Min Balance to Maintain

AED 200K

monthly fee

Monthly Fee

AED 25

relationship manager

Relationship Manager

Yes

Currency Account

Yes

approval time

Approval Time

1 Days

transfer cost

Local Transfer Cost

AED 0

transfer cost

International Transfer Cost

AED 0

interest rate

0%

Interest Rate

minimum balance

AED 200K

Min Balance to Maintain

monthly fee

AED 25

Monthly Fee

relationship manager

Yes

Relationship Manager

Yes

Currency Account

approval time

1 Days

Approval Time

local transfer cost

AED 0

Local Transfer Cost

International transfer cost

AED 0

International Transfer Cost

Benefits

  • Free teller transactions for 75 months
  • You can access ADIB personal internet banking and mobile banking
  • Free Business Platinum Debit Card with high ATM and POS limits

Benefits

  • Free teller transactions for 75 months
  • You can access ADIB personal internet banking and mobile banking
  • Free Business Platinum Debit Card with high ATM and POS limits
  • Free ADIB Business Platinum Cheque book
  • Free E-statements

View details on bank page

Business Premium

interest rate

Interest Rate

0%

minimum balance

Min Balance to Maintain

AED 25K

monthly fee

Monthly Fee

AED 75

Currency Account

Yes

approval time

Approval Time

1 Days

transfer cost

Local Transfer Cost

AED 0

transfer cost

International Transfer Cost

AED 0

interest rate

0%

Interest Rate

minimum balance

AED 25K

Min Balance to Maintain

monthly fee

AED 75

Monthly Fee

Yes

Currency Account

approval time

1 Days

Approval Time

local transfer cost

AED 0

Local Transfer Cost

International transfer cost

AED 0

International Transfer Cost

Benefits

  • Free teller transactions for 30 months
  • You can access ADIB personal internet banking and mobile banking
  • Free Business Gold Debit Card with high ATM and POS limits

Benefits

  • Free teller transactions for 30 months
  • You can access ADIB personal internet banking and mobile banking
  • Free Business Gold Debit Card with high ATM and POS limits
  • Free ADIB Business Gold Cheque books
  • Free telex transfer with ADIB business internet banking

View details on bank page

Business One

interest rate

Interest Rate

0%

minimum balance

Min Balance to Maintain

AED 5K

monthly fee

Monthly Fee

AED 100

Currency Account

Yes

approval time

Approval Time

1 Days

transfer cost

Local Transfer Cost

AED 0

transfer cost

International Transfer Cost

AED 0

interest rate

0%

Interest Rate

minimum balance

AED 5K

Min Balance to Maintain

monthly fee

AED 100

Monthly Fee

Yes

Currency Account

approval time

1 Days

Approval Time

local transfer cost

AED 0

Local Transfer Cost

International transfer cost

AED 0

International Transfer Cost

Benefits

  • Free Business Classic Cheque book
  • You can access ADIB personal internet banking and mobile banking
  • Free Classic Debit Card

Benefits

  • Free Business Classic Cheque book
  • You can access ADIB personal internet banking and mobile banking
  • Free Classic Debit Card
  • Free teller transactions for 10 months
  • Free Internet Banking​

View details on bank page

Business Short Term Investment

interest rate

Interest Rate

0.36%

minimum balance

Min Balance to Maintain

AED 10K

minimum balance

Min Balance to Maintain

AED 10K

monthly fee

Monthly Fee

AED 0

relationship manager

Relationship Manager

No

approval time

Approval Time

1 Days

transfer cost

Local Transfer Cost

AED 0

transfer cost

International Transfer Cost

AED 0

interest rate

0.36%

Interest Rate

minimum balance

AED 10K

Min Balance to Maintain

minimum balance

AED 10K

Min Balance to Maintain

monthly fee

AED 0

Monthly Fee

relationship manager

No

Relationship Manager

approval time

1 Days

Approval Time

local transfer cost

AED 0

Local Transfer Cost

International transfer cost

AED 0

International Transfer Cost

Benefits

  • Free Cheque book
  • You can access ADIB personal internet banking and mobile banking
  • Free Business Classic Debit Card with minimum balance of AED 10,000

Benefits

  • Free Cheque book
  • You can access ADIB personal internet banking and mobile banking
  • Free Business Classic Debit Card with minimum balance of AED 10,000
  • Free teller transactions for 10 months
  • Profits are calculated on a daily basis and credited to your account every month end

View details on bank page

Business Time Deposit

minimum balance

Min Balance to Maintain

AED 10K

Currency Account

Yes

approval time

Approval Time

1 Days

minimum balance

AED 10K

Min Balance to Maintain

Yes

Currency Account

approval time

1 Days

Approval Time

Benefits

  • Flexibility to choose the account where you want to transfer the generated profit
  • Profit share expected is high
  • Investment period is also flexible

Benefits

  • Flexibility to choose the account where you want to transfer the generated profit
  • Profit share expected is high
  • Investment period is also flexible

View details on bank page

Business Wakala Deposit

minimum balance

Min Balance to Maintain

AED 500K

relationship manager

Relationship Manager

Yes

Currency Account

Yes

approval time

Approval Time

1 Days

minimum balance

AED 500K

Min Balance to Maintain

relationship manager

Yes

Relationship Manager

Yes

Currency Account

approval time

1 Days

Approval Time

Benefits

  • Profit rates expected are high
  • Quarterly delivery of account statements

Benefits

  • Profit rates expected are high
  • Quarterly delivery of account statements

View details on bank page

Frequently Asked Questions

Q. If I switch my business account, will it affect my credit ratings?

A. No, as long as you have successfully repaid your outstanding overdraft on previous account, your credit ratings will not get affected.

Q. How can I make payments in ADIB?

A. You can make payments on daily, weekly or monthly basis in ADIB.

Q. Do we have to pay for online local transfer of funds?

A. No, local as well as international transfer of funds is free in ADIB.

Q. Does ADIB check my credit history?

A. Yes, for security purpose, ADIB goes through your credit history before approving your application.

Q. Can a person with no credit history apply in ADIB?

A. For an individual it is very important to have a credit history, as only that can give assurity to banks .

Q. Do we get facility of withdrawing cash from other cities?

A. Yes, in ADIB you can withdraw cash from any part of the world.

Q. Can I open current account with my spouse?

A. Yes, you can open a joint account with any of your family member.

Q. Do we get any assistance while applying for accounts in ADIB?

A. Yes, you get free dedicated relationship manager assigned to you for your assistance.

About ADIB

ADIB is a Public Joint Stock company and is one of the largest banks in the UAE region. Its values include transparency in services, an atmosphere of hospitality and tolerance followed by nature of simplicity and sensibility.

ADIB stands as one of the best banks of UAE by carrying out all the transactions, contracts and services by abiding Ismalic Shari'a principles.

Get in touch with ADIB Customer Care

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