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Provider profile

National Bank of Fujairah

Business Current Account

National Bank of Fujairah (NBF) is a UAE commercial bank founded in 1982. Its Business Current Account costs AED 10 a month with an average balance of AED 100,000, or AED 250 more below it, in AED, USD, EUR or GBP; the Business Banking Value packages (AED 250 to 1,500 a month) add free local transfers and cheaper international ones. Opening is online through NBF EDGE, with no branch visit.

  • United Arab Emirates
  • Bank
  • UAE
  • Business account
  • Multi-currency

Regulated by

  • Central Bank of the UAE · United Arab EmiratesNo. 01.01.01.039.1984.07
Provider type
Bank
IBAN
UAE IBAN
Payment rails
UAE local transfers, SWIFT
Cards
Business debit card
Safeguarding
Licensed bank
Non-residents
Not published
Remote opening
Yes
Support languages
English
Support channels
Phone

Overview

National Bank of Fujairah, at a glance.

National Bank of Fujairah is a bank headquartered in the United Arab Emirates, regulated by Central Bank of the UAE. Business accounts cost AED 10 a month. Opening an account takes 3–5 days.

National Bank of Fujairah PJSC is a licensed bank in the UAE, regulated by the Central Bank of the UAE.

Why businesses pick National Bank of Fujairah

  • Accounts in AED, USD, EUR and GBP; other currencies on request
  • AED 10 a month while the average balance stays at AED 100,000
  • Online opening through NBF EDGE with no branch visit
  • Value packages make local AED transfers free and international ones from AED 10
  • No account opening or closing charge

Watch out for

  • AED 250 fall-below charge under an average balance of AED 100,000
  • Local transfers cost AED 25 online and AED 75 manually on the current account
  • International transfers cost AED 35 online and AED 100 manually
  • The debit card costs AED 150 a year; foreign spending 2.5%
  • No Trustpilot profile

Business fit

Will National Bank of Fujairah accept your business?

Four quick answers. Where your company is registered and what it does rule a provider in or out faster than anything else.

Based on National Bank of Fujairah's published rules

Likely no

National Bank of Fujairah does not list United Kingdom among the countries where it accepts companies.

National Bank of Fujairah does not publish a minimum company age or turnover, so those two answers are not checked here.

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Who it works with

Accepted and not accepted.

What National Bank of Fujairah publishes about the businesses it takes on.

Who National Bank of Fujairah serves

  • Startups and SMEs
  • Import and export
  • Professional services
  • Holding companies

Not supported

Industries and countries National Bank of Fujairah does not accept, from its own published lists.

Industries

  • Not published

Countries

  • Not published

Coverage

Where can you use National Bank of Fujairah?

Coverage is a starting point. It does not confirm that every business in these markets is eligible.

Supported currencies

AED, USD, EUR and GBP

  • EUR
  • USD
  • GBP
  • AED

Other currencies on request

Payment reach

Not published

Who can apply

Company incorporation countries1 countries · show list
  • United Arab Emirates

Owner nationality

Not published

Owner residency

Not published

Company types

Sole proprietorships, Partnerships, LLCs, Free-zone companies

Pricing

What does National Bank of Fujairah cost?

Look beyond the monthly fee. Your total cost depends on how many transfers you make, where they go and how much you convert.

Account cost

Opening fee

Free

Monthly fee

AED 10–1500

depends on plan

  • Business Current Account

    Lowest cost

    AED 10 per month

    AED 0 setup · AED 120 in year one

  • Value Essential

    AED 250 per month

    AED 0 setup · AED 3,000 in year one

  • Value Preferred

    AED 375 per month

    AED 0 setup · AED 4,500 in year one

  • Value Executive

    AED 750 per month

    AED 0 setup · AED 9,000 in year one

  • Value Prime

    AED 1,500 per month

    AED 0 setup · AED 18,000 in year one

Transaction fees

Transaction fees
CostBusiness Current AccountValue EssentialValue PreferredValue ExecutiveValue PrimeHow it is charged
Incoming
SWIFT / internationalAED 20AED 20AED 20AED 20AED 20Fixed fee · Foreign-currency transfers received
Local transfer from another bankAED 1AED 1AED 1AED 1AED 1Fixed fee · AED transfers received
Outgoing
SWIFT / internationalAED 35AED 25AED 20AED 15AED 10Fixed fee · Foreign-currency transfer, electronic; AED 100 manual
Local transfer to another bankAED 25FreeFreeFreeFreeFixed fee · Electronic; AED 75 manual

Other fees

Currency exchange (FX)

Currency exchange (FX)
CostListed amountHow it is charged
FX markupNot published

Cards

Cards
CostListed amountHow it is charged
Monthly card feeAED 12.5Fixed fee · AED 150 a year per card
Card FX2.5%Percentage of the amount

Onboarding

From application to live account.

Opening an account typically takes three to five business days.

  1. 1

    Apply online

    Start through NBF EDGE with the company's trade licence; no branch visit is needed.

  2. 2

    Documents

    Provide the trade licence, MOA and articles, and the passports and Emirates IDs of owners, partners, UBOs and signatories.

  3. 3

    Checks

    NBF runs its KYC, anti-money-laundering and beneficial-owner checks.

  4. 4

    Account live

    NBF says the account is opened within 3 business days of complete documents.

Documents you need

Not published

FAQ

Your questions, answered.

Is NBF a bank?

Yes. National Bank of Fujairah PSC is a licensed bank in the UAE, regulated by the Central Bank of the UAE, licence 01.01.01.039.1984.07.

How much does an NBF business account cost?

The Business Current Account costs AED 10 a month, plus AED 250 if the monthly average balance falls below AED 100,000. Business Banking Value packages cost AED 250, 375, 750 or 1,500 a month and include free local AED transfers.

Which currencies does NBF offer?

Business current accounts in AED, USD, EUR and GBP; other currencies on request, subject to the bank's evaluation.

Can I open an NBF account online?

Yes. NBF EDGE lets UAE-licensed businesses apply online with no branch visits; an authorised representative needs a valid Emirates ID and passport.

Alternatives

How National Bank of Fujairah compares.

If National Bank of Fujairah is not the right fit, these providers work with similar businesses. Compare their listed licences and services below.

National Bank of Fujairah and similar providers
ProviderLicensed inKnown for
National Bank of FujairahThis pageBankBusiness accountMulti-currency
RAKBANKBankSME banking4 currencies
Commercial Bank of DubaiBank6 currenciesBusiness debit card
Emirates NBDBank+4Business packagesVisa debit card
MbankBankNo minimum balanceAED only

Not sure which one fits? Your profile ranks them for your business, with the reason behind each.

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