Ajman Bank Account Types

Ajman Bank offers a variety of account types designed to meet the needs of both individuals and businesses. The main types of accounts include:

• Current Accounts:
• Versatile banking account for managing day-to-day transactions.
• Features include a free platinum debit card, cheque book, and access to online banking.
• Available in AED and other major currencies.
• Eligibility: UAE nationals and expatriates with a minimum salary of AED 5,000.
• Savings Accounts:
• Shariah-compliant accounts designed to encourage saving.
• Profits are calculated on the lowest balance maintained monthly.
• Monthly profit rate with quarterly distribution.
• Free utility bill payments and online & SMS banking.
• 2 in 1 Account:
• Combines the benefits of savings and current accounts.
• Offers a debit card, cheque book, and profit on deposits.
• Ajman Bank Millionaire Account:
• Limited-time offer with a chance to win AED 5,000 in monthly draws.
• Requires a minimum daily balance of AED 5,000.
• Payroll Account:
• A one-window solution for payroll management.
• Wakala Deposit:
• Offers competitive profit rates and is fully Shariah compliant.

Ajman Bank Broker Account Opening Process

To open a broker account with Ajman Bank, follow these steps:

• Eligibility Check:
• Ensure you meet eligibility criteria, such as being a UAE national or resident with a minimum salary requirement.
• Gather Required Documents:
• Valid passport, visa, and Emirates ID.
• Salary certificate for verification.
• Visit the Bank:
• The account holder must visit the bank in person for the account opening process.
• Complete Application:
• Fill out the account opening forms provided by the bank.
• Initial Deposit:
• Make the initial deposit as per the account type requirements (e.g., AED 5,000 for the Millionaire Account).
• Account Setup:
• The bank will process your application, which typically takes 1-2 weeks for personal accounts.
• Receive Account Details:
• Once approved, you will receive your account details, including debit card and online banking setup.

For more information, visit the official Ajman Bank website.