SME Account Provided By CBD

ADIB Smart Account

Features of CBD SME Account

  • No account maintenance fees will be charged as long as minimum monthly balance of just AED 25,000 is maintained
  • Six account currency denominations choices is provided
  • Chequebook and business debit card are provided free of cost in CBD Bank
  • Per month you can get upto 10 fee-free branch teller transactions
  • Free mobile banking, SMS transaction alert and online banking service
  • A dedicated Business Banking call centre is provided 24/7 at your service

Documents Required of CBD SME Account

  • Application form
  • Passport Copy + Visa
  • Articles of Association (AOA)
  • Board Resolution
  • Trade Licence
  • Memorandum of Association (MOA)
  • Chamber of Commerce Certificate copy
  • Address Proof

CBD SME Account

CBD Bank

2 CBD Bank SME Accounts

My Business

interest rate

Interest Rate

0%

minimum balance

Min Balance to Maintain

AED 20K

monthly fee

Monthly Fee

AED 150

Currency Account

Yes

approval time

Approval Time

2 Days

transfer cost

Local Transfer Cost

AED 50

transfer cost

International Transfer Cost

AED 75

interest rate

0%

Interest Rate

minimum balance

AED 20K

Min Balance to Maintain

monthly fee

AED 150

Monthly Fee

Yes

Currency Account

approval time

2 Days

Approval Time

local transfer cost

AED 50

Local Transfer Cost

International transfer cost

AED 75

International Transfer Cost

Benefits

  • No account maintenance fees is needed provided minimum monthly balance of AED 25,000 is maintained
  • Free Cheque Book
  • Free Business Debit Card

Benefits

  • No account maintenance fees is needed provided minimum monthly balance of AED 25,000 is maintained
  • Free Cheque Book
  • Free Business Debit Card
  • Free 10 branch teller transactions per month
  • You can access to Business Banking Zones and Business Banking tellers
  • Free mobile banking service
  • Free SMS transaction alerts
  • Dedicated Business Banking call centre
  • Dedicated self-service phone banking

View details on bank page

My Business Plus

interest rate

Interest Rate

0%

minimum balance

Min Balance to Maintain

AED 150K

monthly fee

Monthly Fee

AED 250

relationship manager

Relationship Manager

Yes

Currency Account

Yes

approval time

Approval Time

2 Days

transfer cost

Local Transfer Cost

AED 40

transfer cost

International Transfer Cost

AED 60

interest rate

0%

Interest Rate

minimum balance

AED 150K

Min Balance to Maintain

monthly fee

AED 250

Monthly Fee

relationship manager

Yes

Relationship Manager

Yes

Currency Account

approval time

2 Days

Approval Time

local transfer cost

AED 40

Local Transfer Cost

International transfer cost

AED 60

International Transfer Cost

Benefits

  • No account maintenance fees is needed provided minimum monthly balance of AED 1,50,000 is maintained
  • Free 40 branch teller transactions per month
  • Free cheque books

Benefits

  • No account maintenance fees is needed provided minimum monthly balance of AED 1,50,000 is maintained
  • Free 40 branch teller transactions per month
  • Free cheque books
  • Free 'My Business' debit card with higher daily cash withdrawal limits
  • Free electronic bank statements
  • Free mobile banking service
  • Free SMS transaction alerts

View details on bank page

Frequently Asked Questions

Q. Is it possible to reduce my overdraft limit on my personal current account?

A. Yes, you can send CBD a secured message using internet banking or you can directly contact CBD on +971 600 575 556.

Q. Do I have to make daily payments in CBD?

A. No, payments are made only on weekly, monthly and yearly basis in CBD.

Q. After how many days of account opening, we will get cheque book, credit card and internet banking facility?

A. Within 7-8 working days, you’ll receive cheque book, credit card and internet banking facility.

Q. Is my personal information safe with CBD?

A. Yes, your personal information is safe and secured with CBD.

Q. Can I authorise another person to access my CBD Bank account?

A. Yes, but that person will have to undergo identity check.

Q. What all industries are eligible for business finance in CBD Bank?

A. Any for-profit business is eligible for business finance in CBD Bank.

About CBD

Commercial Bank of Dubai (CBD) offers a wide range of retail and commercial banking products and services, in both conventional and Shariah-compliant formats, with a network of 26 branches and over 210 ATMs throughout the UAE. The bank endeavors to build sustainable prosperity through extraordinary banking experiences. CBD commits to:

  • Authenticity
  • Simplicity
  • Partnership
  • Innovation
  • Responsibility
  • Excellence

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