What is the minimum balance requirement in UAE banks?

The minimum balance requirement is a critical element that shapes the banking experience for individuals and businesses in the United Arab Emirates (UAE). It refers to the lowest amount of money that account holders are required to maintain in their accounts to avoid certain fees or penalties. This requirement varies across banks and types of accounts, making it crucial for customers to understand how it impacts their financial decisions and choices. This article offers an in-depth exploration of the minimum balance requirement in UAE banks, discussing its implications, factors affecting it, types of accounts, and its role in financial planning.

The minimum balance requirement in UAE banks varies from bank to bank and the type of account. Some banks do not have any minimum balance requirement, while others require a minimum balance of a few hundred dirhams.

Here are some of the minimum balance requirements for savings accounts in UAE banks:

  • Abu Dhabi Commercial Bank (ADCB): AED 1,000 for non-salary accounts and AED 3,000 for salary accounts.
  • Emirates NBD: AED 1,000 for non-salary accounts and AED 3,000 for salary accounts.
  • First Abu Dhabi Bank (FAB): AED 1,000 for non-salary accounts and AED 3,000 for salary accounts.
  • National Bank of Abu Dhabi (NBAD): AED 1,000 for non-salary accounts and AED 3,000 for salary accounts.
  • Dubai Islamic Bank (DIB): AED 1,000 for non-salary accounts and AED 3,000 for salary accounts.

If you do not maintain the minimum balance in your account, the bank may charge you a fee. The amount of the fee varies from bank to bank.

It is important to check the minimum balance requirement for the type of account you want to open before you do so. You can find this information on the bank’s website or by contacting the bank directly.


Here are some tips for avoiding bank fees in the UAE:

  • Choose a bank that does not charge monthly maintenance fees.
  • Only use ATMs that are owned by your bank or that are part of a network that does not charge out-of-network fees.
  • Set up a budget and track your spending so that you do not exceed the number of transactions allowed in your account plan.
  • Avoid overdrafts by keeping track of your balance and only withdrawing money when you have enough funds.
  • Make sure that you have enough funds in your account to cover checks that you write.
  • Research wire transfer fees before sending money to another bank account.
  • Consider closing your account early only if you are sure that you will not need it again

In addition to the minimum balance requirement, there are other fees associated with banking in the UAE. These fees can include monthly maintenance fees, ATM fees, and overdraft fees. It is important to read the terms and conditions of your account carefully so that you understand all of the fees that may be charged.

BizDaddy is a leading business consulting firm in the UAE that specializes in helping businesses with their financial management, including banking. They have a team of experienced professionals who can help you choose the right bank for your needs, understand the fees associated with different accounts, and avoid unnecessary fees.

If you are looking for help with banking in the UAE, BizDaddy is a great resource. They can help you save money and avoid unnecessary fees, so that you can focus on growing your business.