Fees & Charges



Fees & Charges

Al Maryah Community Bank LLC

Personal Accounts


*(Revisions effective November 11, 2024)

SERVICES & PRICESGoldPlatinumDiamond
Fees (in )
Account Opening FeeFreeFreeFree
Average Monthly Relationship BalanceFreeFree if Min. Salary of 20K or Avg. Balance of 10K or spending of 5K per month (Monthly fee of 105 if above criteria is not met)1Free if Min. Salary of 50K or Avg. Balance of 30K or spending of
10K per month (Monthly fee of
210 if above criteria is not met)1
Monthly Non-utilization Fee (waived if account has average monthly balance of ≥ 500 or customer has initiated a transaction in last 3 months*)2 26.25FreeFree
Early Account Closure Fee (within 5 working days)FreeFreeFree
Early Account Closure Fee (within first 6 months) 105 105 105
Segment
Segment UpgradeNot applicableFree for remaining month of upgradeFree for remaining month of upgrade
Segment Upgrade – Debit Card Issuance FeeFreeFreeFree
Segment Downgrade – Service FeeNot applicablePro-rata charge up to utilized monthPro-rata charge up to utilized month
Segment Downgrade – Debit Card Issuance FeeNot applicable 26.25 26.25
Group Account
Card Issuance Fee for addition of Member to Group Account (per member) 26.25 26.25 26.25
Bank Statement
Downloading of E-statementsFreeFreeFree
Stamped Monthly Statement – Pickup 15.75 15.75 15.75
Stamped Monthly Statement – Delivery (within Abu Dhabi) Courier Service applies 26.25 26.25 26.25
Stamped Monthly Statement – Delivery (outside Abu Dhabi) Courier Service applies 36.75 36.75 36.75
Cheques
Additional Cheque Book Request (First Cheque Book Complimentary)1st Cheque Book Free, then 1.05 per leaf or 26.25 for a 25 leaf Cheque Book or 52.50 for a 50 leaf Cheque Book1st Cheque Book Free, then 1.05 per leaf or 26.25 for a 25 leaf Cheque Book or 52.50 for a 50 leaf Cheque BookFree Cheque Book Issuance
Local Cheque Clearing – Normal in the BranchFreeFreeFree
Stop Payment (per Instrument, per Cheque) 52.50 52.50 52.50
Cheque Returned – Drawn on Own Account (per Instrument) 105 105 105
Request for Copy of Old Cheques / Documents 10.5 for ≤1 year
21 for > 1 year		 10.5 for ≤ 1 year
21 for > 1 year		 10.5 for ≤ 1 year
21 for > 1 year
Issuance of Manager Cheque or Demand Draft* 78.75 78,75Free Manager’s Cheque Issuance
Cancellation of Manager Cheque* 78.75 78.75 78.75
Mobile Cheque Deposit – Collection 15.75 15.75 15.75
Post Dated Cheque (PDC) Lodgment 10.5 10.5 10.5
Post Dated Cheque (PDC) Withdrawal / postponement 21 21 21
Post Dated Cheque (PDC) ReturnedFreeFreeFree
Remittances
Inward RemittanceFreeFreeFree
Account to Account Transfer (within Al Maryah Bank UAE)FreeFreeFree
Domestic Transfer – up to 50K 0.50 0.50 0.50
Domestic Transfer – above 50K 1.05 1.05 1.05
Aani
(Charges per Transaction)		 0.51 0.51 0.51
Recall of Telegraphic Transfer (TT) Funds / TT Return / Investigation of TT Status 52.50 52.50 52.50
Authentic Copy of Transfer Advise 15.75 15.75 15.75
Demand Draft / Pay Order Issuance / Cancellation* 78.75 78.75 78.75
Bill Payment
Utility Bill Payments3FreeFreeFree
Debit Cards
Physical Debit Card Issuance & Delivery* 26.25 26.25 26.25
Debit Card Replacement 26.25 26.25Free
Cash Withdrawal (through Al Maryah Bank ATM in UAE)FreeFreeFree
Cash Withdrawal (through other bank ATM in UAE)3 free withdrawals per month (additional withdrawals hold a fee of
2.1)		3 free withdrawals per month (additional withdrawals hold a fee of
2.1)		3 free withdrawals per month (additional withdrawals hold a fee of
2.1)
International ATM Balance Enquiry & Cash Withdrawal* 21 21 21
Balance Enquiry transactions (through Al Maryah Bank ATM in UAE)FreeFreeFree
Balance Enquiry transactions (through other bank ATM in UAE) 1.05 1.05 1.05
Declined Transactions (through Al Maryah Bank ATM in UAE)FreeFreeFree
Declined Transactions (through other bank ATM in UAE) 1.05 1.05 1.05
Retrieval of Sales Slip 26.25 26.25 26.25
International Transaction Fee3% of transaction value + scheme charges3% of transaction value + scheme charges3% of transaction value + scheme charges
Issuing Physical Supplementary Debit Card* 26.25 26.25 26.25
Replacing Secret Pin Code* 26.25 26.25 26.25
Standing Order – within UAE
Standard Order Setup Charges over App / Website
(Transfer within Al Maryah Bank)		FreeFreeFree
Standard Order setup charges over App / Website
(Transfer to other Bank)		 52.50 52.50 52.50
Standard Order Setup Charges over App / Website
(for Charity)		FreeFreeFree
Standard Order setup charges submitted at Branch 105 105 105
Standing Order Execution
(Transfer within Al Maryah Bank)		FreeFreeFree
Standing Order Execution
(Transfer to other Bank)		As per Remittances Schedule of ChargesAs per Remittances Schedule of ChargesAs per Remittances Schedule of Charges
Standing Order Amendments
(transfer within Al Maryah Bank)		FreeFreeFree
Standing Order Amendments
(Transfer to other Bank)		 26.25 26.25 26.25
Insufficient Balance while Executing the Standing Order Instructions 26.25 26.25 26.25
Standing Order CancellationFreeFreeFree
Letters & Certificates
Account Balance Letter 52.50 52.50 52.50
No Liability Certificate 63 63 63
Release Letter 52.50 52.50 52.50
Liability Letter Issued to Government Departments / Embassies 63 63 63
Liability Letter Issued to Financial Institutions 63 63 63
Dormant Account ChargeFreeFreeFree
Courier Charges for Sending any Document(s) / Cheques / Cheque Books 21 21 21
Teller Services
Using Branch Teller6 transactions free per month; 5.25 thereafter6 transactions free per month; 5.25 thereafter6 transactions free per month; 5.25 thereafter
Bulk Cash Deposits / Withdrawals at TellerFreeFreeFree
Cash / Cheque Deposit at Mbank Partner* (per transaction) 5.25 5.25 5.25

1 The salary should be transferred to the respective Mbank account or the average balance must be maintained in the respective Mbank account or the minimum monthly spending requirement should be achieved on the Mbank debit card linked to the respective account.

2 This fee is charged when there are no transactions performed on the card. The fee will be waived if your account has an average monthly balance of 500 or more, or if you have performed a self-initiated transaction in the last 3 months.

3 Bank does not charge fees for utility payments; provider fees may apply.

Credit Cards

Annual Fee (Primary Card)
PlatinumFirst-year free for renewal fee of 525 to be billed only if customers’ annual spend is below 48,000
World EliteFirst-year free with a renewal fee of 1,575 to be billed only if customers’ annual spend is below 150,000
SadaraFirst-year free with a renewal fee of 5,250 to be billed only if customers’ annual spend is below 240,000
Annual Fee (Supplementary Cards)
PlatinumTwo supplementary cards are free, any additional supplementary cards are charged at 262.50
World EliteTwo supplementary cards are free, any additional supplementary cards are charged at 577.50
Sadara 5,250
Others (Credit Cards)
Interest on Retail Purchases for customers transferring Salary to Al Maryah Community Bank3.15% per month
Interest on Retail Purchases for customers not transferring Salary to Al Maryah Community Bank3.59% per month
Interest on Cash Advance3.79% per month
Cash Advance Fee3% of the amount of cash obtained with a minimum of 157.5 per transaction
International Transaction Fee2.49% of transaction value + scheme charges
Card Replacement Fee 78.75
Late Payment Fee 241.50 in any month when the payment is late, or not made, or is less than the minimum amount
due
Over Limit Fee 288.75 in any month when the outstanding balance is greater than the assigned credit limit
Cheque Returned Fee 105
Minimum Monthly Payment5% of outstanding or 100 whichever is higher
Payment Due Date25 days from statement date
E-statement FeesFree
Physical Statement Issuance 52.50 per statement
Duplicate Statement Issuance* 47.25
Copies of Transaction Slips 26.25 per transaction slip
Copy of Sales Voucher* 68.25
Dispute Verification Charge 210
Liability / No Liability Letter* 52.5

Personal Loans / Raha Buyout

ActivityPricing
Interest RatesAs per offer
Processing Fees – Fresh & Raha1% of the loan amount (+VAT) (minimum 525, maximum 2,625)
Processing Fees – Top up1% of the top up amount (+VAT) (minimum 525, maximum 2,625)
Early / Partial Settlement Fees1% of the settled amount (+VAT) with a maximum of 10,500
Deferment of Installment Fees 105 per deferment
Delayed Payment Penal Fees2% of the delayed payment (+VAT) (minimum 52.5, maximum 210 per month)
Loan Rescheduling Fee 262.5
Loan Cancellation Fee 105
Other Documents Requested by Customer (Copies of Agreements – Audit Confirmation …etc.) 26.25

Ziyada (Overdraft Against Salary)*

ActivityPricing
Overdraft Fees 210
Applicable Annual Interest Rate (Interest is charged if the facility is used and for the outstanding overdraft balance only)As per offer
Delayed Payment Penal Interest ChargesIf you exceed your approved overdraft limit for any reason or your limit expires and the utilized amount is not covered, you will be charged penal interest of 2% over agreed rate on outstanding utilized amount with a minimum of 52.5 and Maximum of 210

Auto Loans*

ActivityPricing
Interest RatesAs per offer
Early Settlement1% of instalment (+ VAT)
Advance Payment of Installment1% of instalment (+ VAT)
Late Payment Penal ChargesMaximum 500 (+ VAT)
Issuance of Liability Letter to Other Banks 63
Cancellation Fee 105

Home Finance*

ActivityPricing
Interest RatesAs per offer
Processing Fee1% of loan amount, min 2,500 (+VAT)
Late Payment FeesMaximum 735
Early Settlement FeesMaximum 1% of outstanding balance or 10,000, whichever is less (+VAT)
Issuance of Liability Letter 89.25
Other Certificate 78.75
Non-Standard Statement Production / Copy of Original Documentation 105
Property Swaps Administration Fee 1,386 (valuation included)
Issuance of NOC 157.5
Partial Settlement ChargesMaximum 1% of outstanding balance or 10,000, whichever is less (+VAT)
Clearance Letter 99.75
Request of Other Letters 94.5

Fixed Deposit

ActivityPricing
Partial Withdrawal or Early Redemption Fee1% per annum less than the applicable interest rate for the actual tenor and will be payable for the actual number of days the Fixed Deposit was maintained plus a fixed charge of 105. No interest is paid if the Fixed Deposit is redeemed / withdrawn in less than 30 days.

Attestation Service Fees

ActivityPricing
MOFA Attestation Service 300

General Note: All fees & charges mentioned are inclusive of 5% Value Added Tax (with the exclusion of interest & currency conversion charges).

(Fees & Charges – V1)

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