NBF Current Account

The customers can open a personal or corporate Current Account with the National Bank of Fujairah. The NBF Bank offers three types of Current Account- Classic Current Account, Standard Current Account and the Twin benefit Account.

Features & Benefits of NBF Current Account

The features and benefits of the Current Account with the NBF bank are given below in the table:

TYPE OF CURRENT ACCOUNT FEATURES AND BENEFITS MINIMUM REQUIREMENT
Classic Current Account
  • Access to major currencies
  • The facility for Standing Structure is available
  • Facility for remittance is available
  • Overdraft facility
  • ATM withdrawals across the UAE is free
  • Facility for Cheque Book is available
  • Monthly Statement of the account is free
  • A Debit card or the international card is free
  • Account access via multiple channels
  • The account holder should maintain a minimum of AED 2500 per month
Standard Current Account
  • Access to major currencies
  • ATM withdrawals across the UAE is free
  • A variety of services for transactions are available
  • Facility for Cheque Book is available
  • A Debit card or the international card is free
  • No requirements for balance maintenance
Twin Benefit Account
  • High interest in high balance
  • Up to 1.25% p.a interest
  • Currencies available in USD and AED
  • The facility is for Standing Structure available
  • Facility for remittance is available
  • ATM withdrawals across the UAE is free
  • Unlimited branch transactions are free
  • Credit card is available
  • The facility for Salary Advance is available
  • A Debit card or the international card is free
  • Monthly Statement of the account is free
  • Account access via multiple channels
  • SMS Alerts
  • Services for Mobile Banking is available
  • Requires monthly maintenance of AED 15,000 per month

Documents Required to Open an NBF Current Account in UAE

The documents required to open a Current Account with the NBF bank in the UAE are as follows:

  • Original and copy of the Applicant’s Passport
  • Residence Visa of the Expats
  • Emirates Identity Card of the Applicant
  • Salary Certificate for Salary transfer applicants
  • Trade license of the Self-employed applicant

How to Open an NBF Current Account in the UAE?

To open a Current Account with the National Bank of Fujairah, the applicant should visit the nearest branch of the bank in the UAE.

How to Close an NBF Current Account in the UAE?

To close a Current Account with the NBF Bank in the UAE, the customer will have to visit the nearest branch of the Bank.

NBF Current Account - FAQs

Q.1 What documents can I present for a Salary Transfer Current Account?

Ans: For a Salary Transfer Current Account, you can present any of the following documents:

  • Your letter of appointment
  • Your Pay slip
  • Bank statement of the Salary transfer account
  • Consolidated letter from the HR (Applicant for Bulk Accounts)

Q.2 Can I open a Zero Balance account?

Ans: Yes. However, you will have to transfer your salary to the NBF Bank?

Q.3 Can I earn interest in the NBF Classic Current Account?

Ans: No, the NBF Current Account offers no interest on the deposits.

Q.4 What is the ‘fall below fee’ of the NBF Classic Current Account?

Ans: The ‘fall below fee’ of the NBF Classic Current Account’ is AED 25.

Q.5 What is the ‘fall below fee’ of the Twin Benefit account?

Ans: The NBF ‘Twin Benefit account’ has a ‘fall below fee’ of AED 75.

Q.6 Can I earn interest with the ‘twin benefit’ account?

Ans: yes, you can earn a profit with the ‘twin benefit’ account. However, you will have to maintain the average balance requirements every month.

Q.7 Do I have to maintain the average balance with the NBF Standard Current Account?

Ans: No, NBF Standard Current Account requires no maintenance of the account balance.

Q.8 What is the minimum amount to be maintained with the NBF Twin benefit account, to earn a profit?

Ans: To earn a profit with the NBF Twin benefit account, you will have to maintain a minimum balance of AED 50,000 per month.

Q.9 Is there any charge to hold an NBF Current Account?

Ans: To hold the NBF Standard Current Account, you will be charged AED 20 per month.

Q.10 In which major currencies are the NBF Current Account available?

Ans: The NBF Current Account is available in the currencies of AED and USD.