Last Updated on 07 February 2019

Credit Bureau Consent, Welcome Offer & General Terms & Conditions

I hereby acknowledge and agree to allow Citibank to share my details with any UAE credit bureau and make enquiries about me with any UAE credit bureau at its sole and absolute discretion. I agree to the Terms and Conditions listed below. Citibank Terms and Conditions apply, are subject to change without prior notice and are available upon request. For the current Terms and Conditions, please visit our website www.citibank.ae. All offers are made available on a best-effort basis and at the sole discretion of Citibank, N.A. Citibank, N.A. makes no warranties and assumes no liability or responsibility with respect to the products and services provided by partners/other entities. By inquiring about our services, offers or products, you will be authorizing our representatives to approach you on your contact details including your telephone/mobile number for any product or service offered by Citibank. The applicant agrees to be bound by Citibank’s General Terms and Conditions available on the website www.citibank.ae. The applicant hereby represents and warrants that the information provided herein is true, accurate, and complete and that he/she agrees to remain responsible for and to indemnify Citibank, N.A. from and against any losses, claims and/or liabilities incurred by Citibank NA as a result of having relied on such information. Citibank, N.A. is not required to verify the information provided by the applicant and neither is the bank obliged to provide the applicant with any loans or credit facilities based on the provided information. The products and services mentioned on this website are not offered to individuals resident in the European Union, European Economic Area, Switzerland, Guernsey, Jersey, Monaco, San Marino, Vatican, The Isle of Man or the UK. This page is not, and should not be construed as, an offer, invitation or solicitation to buy or sell any of the products and services mentioned herein to such individuals.

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Ajman Bank Business Current Account

Ajman Bank Bank

Business Current Account

Interest Rate

0%

Min Balance to Maintain

AED 10K

Monthly Fee

AED 100

Relationship Manager

Yes

Yes

Approval Time

3 Days

Local Transfer Cost

AED 0

International Transfer Cost

AED 0

Ajman Bank
interest rate

0%

Interest Rate

min balance

AED 10K

Min Balance to Maintain

monthly fee

AED 100

Monthly Fee

relationship manager

Yes

Relationship Manager

Yes

Currency Account

approval time

3 Days

Approval Time

local transfer cost

AED 0

Local Transfer Cost

inter transfer cost

AED 0

International Transfer Cost

 

Required Documents

  • Application form
  • Trade Licence
  • Valid passport and Copy of Visa
  • Memorandum of Association (MOA)
  • Articles of Association (AOA)
  • Emirates ID
  • Salary transfer letter from employer
  • Address proof

Main Benefits

  • Free Debit Card
  • Free Cheque Book
  • Free Teller Transaction
  • Free Quarterly Statement
  • Fully Shariah Compliant

Frequently Asked Questions

⭐ If I have bankruptcy history, can I still apply for Ajman Bank business finance?

A. Yes, as long as your financial condition has improved and you have monthly income coming up, you can still apply for Ajman Bank business finance.

⭐ What if my application got rejected in Ajman bank once, can I apply again?

A. Yes, as long as your financial condition is not same as that of the time your application got rejected, you can apply again after 3 months.

⭐ What if I made a duplicate payment error, can I get refund for that?

A. Yes, it’ll automatically get credited to your business account in Ajman Bank.

⭐ Can we open business account in the name of more than two persons in Ajman Bank?

A. Yes, but in this case you cannot submit the information online. You need to visit the bank and follow the process mentioned there.

⭐ Does Ajman Bank provide 24/7 customer service?

A. Yes, Ajman Bank provides the facility of 24/7 customer service to it’s users.

Ajman

Ajman Bank, launched in 2009 is a young, agile Islamic commercial bank that is built on the values of trust, integrity, and transparency. The Emirate's government owns 25% in the bank which is again a strong support. Their way of measuring excellence is based on how efficiently you think they respond to your financial needs. They have brought the human touch back to banking by listening to you.

Ajman Bank Personal Finance is based on the Islamic financing structure of Murabaha, a commercial transaction which involves the buy and sale of goods that has been promised to be purchased by an ultimate buyer with an added profit margin.

   Get in touch with Ajman Bank Customer Care

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