UAE Banks Hike Minimum Balance—Will You Pay the New Fees?
Key Highlights: UAE banks to increase minimum account balance from Dh3,000 to Dh5,000 starting June 1. A Dh25 monthly fee will apply for accounts below the new minimum, unless linked to a loan or credit card. Fee waivers are available for customers with salary transfers of Dh15,000+ or balances of Dh20,000+. Policy change may impact […]