Emirates Islamic Bank is one such bank offering exclusive Islamic banking products in the UAE, with the Emirates Islamic Bank zero balance accounts being among the most preferred savings accounts in the UAE.
Emirates Islamic Bank is one of the leading banks in the United Arab Emirates. It offers various packages to the businesses in UAE for a seamless banking experience. Emirates Islamic bank is the official partner of the Dubai Expo. Thus, its EIB Expo Dubai business account provides a perfect package for your business needs. It provides preferential Business Banking packages to meet the requirement of small and medium-sized enterprises (SMEs).
Sometimes charges on banking services can be overwhelming. They are mostly in the form of charges on transactions, monthly/quarterly reports, etc. which can be a bit taxing for flourishing businesses. But, if you are thinking of opening an EIB Expo 2020 Dubai Business banking account, you don’t have to pay any fee for the first 12 months.
You need to maintain a minimum average balance of AED 10,000.
The relationship manager is your contact point with the bank; they entertain all your queries. Be it about choosing the best and most profitable plans for you and your business or helping you in your transactions if you face any issues, the relationship manager makes banking simpler and easier for you.
EIB expo Dubai business bank account offers their customers better prices and rates for their business account. Like minimal charges and no charges on the transaction, they also offer a high interest rate on deposits so that you can make more productive use of your money.
Since foreign exchange rates are fluctuating, they provide you with safe and risk-free transactions at a very low price.
A telegraphic transfer (TT) is a method of transferring funds electronically. It’s used for the overseas transactions as it is a faster way of transferring money. The chance of getting affected by exchange rate fluctuations is very low in this type of transfer. So, it is risk-free and a safer mode of transaction meant for overseas. With EIB, you get this facility for nominal charges.
You don’t have to pay any extra charge to receive your chequebooks.
Emirates Islamic Expo 2020 Dubai Business banking account package is available exclusively to SMEs registered with the Expo 2020 Dubai Online Marketplace.
No minimum average monthly fee is charged for the first 12 months.
Minimum Balance of AED 10,000 is required after the first 12 months. It is one of the lowest required minimum balance requirements for bank accounts in the UAE after the first year.
The bank’s dedicated customer service team offers you comprehensive banking services.
They have a skilled team of experts handling your bank-related trade and financial requirements.
Financial transactions, foreign exchange transactions, and fund transfers at a preferred rate.
You get to sign up for EIB’s Smart Business account, the ultimate e-banking solution for easy online access to your account anytime, anywhere.
Emirates Islamic Business Debit Card is available for banking services.
The bank offers a dedicated Business Banking Call Centre to assist you with all of your banking needs
N-Genius and Go-online solutions with Dubai Expo business solutions can be availed at favourable terms. You can choose from the following packages provided to get your POS and online payment requirement.
“N-Genius” the latest payment platform, which is based on a POS solution, is Expo 2020’s brand new payment application that can change the way you accept payments. This application can be useful in setting up your business.
|FEE||DISCOUNT||PROCESSING FEE||TRANSACTION FEE|
|AED 1999||20%||2.25%||0.4 PER TRANSACTION|
Having issues in making your website? Want a customised website that allows secure payment options? Go-online got it all covered! Basically, you can create your website for your customers, sell products, and also offer your customers secure payment options.
|FEE||PROCESSING FEE||TRANSACTION FEE|
|AED 2999||2.25%||0.75% Per Transaction|
The annual subscription fee is AED 2999. Also, the merchant processing fee is as low as 2.5% of the total amount per transaction, and the transaction fee is as low as AED 0.75 per transaction. And the best part is that refund and chargeback capability are included.
3. POS + E-commerce Gateway
Using POS solution “N-Genius” and by setting up your existing business website with E-commerce Gateway, you can fulfil your payment processing needs of brick & mortar store and get your online store live. As you already know about the “N-Genius” payment platform, let us now discuss E-commerce Gateway.
E-commerce Gateway: You can integrate your existing business website with an E-commerce gateway to make your online store live. Also, the E-commerce gateway allows easy checkout and secure refund options.
|FEE||DISCOUNT||PROCESSING FEE||TRANSACTION FEE|
On the payment of AED 1099, you can avail of a discount of 27% on the device fee. Also, the merchant processing fee is as low as 2.5% of the total amount per transaction, and the transaction fee is as low as AED 0.75 per transaction. And the best part is that refund and chargeback capability are included.
Q1: Can I convert my existing package to EIB’s Business Dubai Expo account package?
Ans: Yes, any of your existing accounts can be converted to the Dubai Expo business account package. You can even hold both the accounts simultaneously, simply by applying for another account.
Q2: How can I convert my existing account to EIB Dubai Expo business account package?
Ans: Your current account package can be easily converted in a single visit to the nearest branch.
Q3: What are the documents required to convert my account to Dubai Expo business account?
Ans: Following are the documents required to convert your account to Dubai Expo business account:-
• Trade license
• Memorandum of assosiation (MOA)
• Identity documents of all the partners
• Stamp of the company
Q4: How can I make changes to my current Dubai Expo business package?
Ans: You may contact on Emirates Islamic Bank call centre on 04-3160065 or you can visit any of your nearest branches or business banking centres.