Emirates Islamic Business Platinum Account

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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Emirates Islamic Bank

WarningMessage This product is invalid by the Bank

Business Platinum Account

Profit Rate

0%

Min Balance to Maintain

AED 250K

Monthly Fee

AED 500

Relationship Manager

Yes

Yes

Approval Time

1 Days

Local Transfer Cost

AED 0

International Transfer Cost

AED 20

Emirates Islamic
interest rate

0%

Profit Rate

min balance

AED 250K

Min Balance to Maintain

monthly fee

AED 500

Monthly Fee

relationship manager

Yes

Relationship Manager

Yes

Currency Account

approval time

1 Days

Approval Time

local transfer cost

AED 0

Local Transfer Cost

inter transfer cost

AED 20

International Transfer Cost

 

Required Documents

  • Copy of passports of all owners
  • Trade License
  • Commercial registration
  • 12 months bank statement
  • Facilities required letter
  • Chamber of commerce certificate
  • Audited financial statements for 3 years
  • Facilities required letter

Main Benefits

  • Free Business Debit Card
  • Get exclusive pricing on the bank's products and services
  • Unlimited counter transactions

Frequently Asked Questions

⭐ If I have bankruptcy history, can I still apply for Emirates Islamic business finance?

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

⭐ If I fault in repayment of loan, will it affect my co-applicant’s credit history?

A. Yes, if you default in repayment, it will affect your co-applicant’s credit history also.

⭐ Do I need to provide any guarantor or collateral to apply for business finance in Emirates Islamic?

A. As long as you have good credit history, you don’t have to provide collateral to apply for business finance in Emirates Islamic.

⭐ Does Emirates Islamic report my credit history to the business credit bureau?

A. Yes, Emirates Islamic reports all your credit details to the business credit bureau.

⭐ Can we open business account in the name of more than two persons in Emirates Islamic?

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

Emirates Islamic

In order to deliver high standards of banking services, Emirates Islamic Bank was established in the year 2004. The bank is aimed to deliver services in accordance with the standards of Shariah principles. It offers a wide range of products that are designed exclusively for individuals, small businesses and large corporations.

   Get in touch with Emirates Islamic Customer Care

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