Schedule of Fees and Charges

Foreign Currency Exchange Service Information

ServiceCharge
Foreign Currency ExchangeUp to AED 5.00

Remittance

ServiceCharge
Domestic Bank Account TransferUp to AED 25.00
International Bank Account TransfersUp to AED 30.00
Instant Money TransfersCharges may vary depending on the country, payout location, transaction amount, correspondent agent and currency.
Cash Pick UpBased on the fee structure of each country by agents, if applicable.

Value Added Services (VAS)

ServiceCharge
Credit Card PaymentUp to AED 5.00
Air Arabia Ticket PaymentsUp to AED 15.00
Other Value-Added ServicesCharges may vary based on the product and service or as agreed by the customers.

Wage Protection System (WPS)

ParticularsCharge
SIFUp to AED 50.00 Per File
Up to AED 600.00 Per year (Max. 12 Files)
DisbursementUp to AED 10/ Employee
Salary ReportFree for Soft copy.
Up to AED 25 for Hard Copy

Payroll Card (EDENRED C3)

ParticularsChargeFrequency of Payment
Cash Withdrawal at C3 pay/ RAK ATMs in UAEUnlimited FREE on C3 Pay ATM’s & one (1) Free on RAK Bank ATMS MonthlyPer Transaction
Salary Withdrawal RAK ATM’sUp to AED 2.00Per Transaction
Cash Withdrawal at any Bank ATMs in UAEUp to AED 2.5Per Transaction
Declines charge in UAEUp to AED 2.00Per Transaction
Balance Enquiry via C3 Pay ATM’sFree
Balance Enquiry Via C3 Call CentreFree
Balance Enquiry via Mobile APPUp to AED 1.00Unlimited per month
Balance Enquiry Via other ATM’s in UAEUp to AED 2.00Per Transaction
Card Replacement (Lost, stolen or Damaged)Up to AED 50.00Per Statement
Pin by SMS via Call Centre (Forgotten PIN)Free
Card Statement Hard CopyUp to AED 50.00Per Statement
Card Statement Soft CopyUp to AED 25.00Per Statement
SMS Salary alertsUp to AED 0.50Per Alert
SMS per transaction alertUp to AED 3.00Per Month
3D Secure Online transaction (Failed)Up to AED 3.00Per Transaction
New Card issuanceUp to AED 10.00Per Card
Card Renewal (Every 7 Years)Up to AED 10.00Per Card
POS withdrawal (Transaction)Up to AED 5.00Per Transaction

Payroll Card (KAMEL PAY)

ParticularsChargeFrequency of Payment
Cash Withdrawal via Ajman BankFirst 2 Txn is free and AED 2.00 there afterPer Transaction
Cash Withdrawal via Other BankUp to AED 2.00Per Transaction
Card closure feeUp to AED 2.00Per card
Card Renewal after 7 yearsUp to AED 10.00Per card
Card Replacement for lost/ stolen cardUp to AED 25.00Per card
Card Statement Hard CopyUp to AED 25.00Per Statement
Card Statement Soft CopyFreePer Statement
PIN replacement (Mobile APP/ Call Centre)Free
Salary alert SMSSalary alert SMS

Note:

  1. All charges are exclusive of VAT.
  2. All charges are indicative. Therefore, customers are requested to contact our branches or call 600524899 for the exact fees and charges.

We have updated our key documents to enhance clarity and ensure compliance. These updates will take effect from 15 March 2025.

By continuing to use our services after this date, you agree to the revised terms and conditions.