BMI offers to business and even for individuals, a convenient, non interest bearing account. The account operation is by way of cheque drawing which does not require prior notice and by way of cash and cheque deposits through counter, other branch, bank and ATM. Individuals and Sole proprietor ship concerns are eligible for ATM card. Transactions concerning these accounts can be conducted through telebanking as well.
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A minimum balance of AED2,000.00 for companies and AED 1000 for individuals to be maintained at all times These accounts have facilities like availability of credit lines, facility of Cheque Books, ATM Cards, monthly statements, Telephone Banking etc...
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Cheque Books are available with no cost. Customized Cheque Books are available against a charge.
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No limit for number of cheque drawn on the account.
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Standing Orders for transfer of funds from one account to another and for remittances.
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Monthly statements of accounts are issued free of charge up to date record of transactions. Statement can be issued at any frequency to suit the needs of the customers as per their requests.
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Various credit facilities are also available subject to approval of credit department.
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Clearing and Collection Clearing cheque are accepted.
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