| Minimum Balance Required | Currencies | Features | |
|---|---|---|---|
NoorBank Current Account
|
Minimum Balance: AED 5,000 | Currencies: AED, GBP, USD, EUR | Features: Phone Banking, Free Cheque Book, Islamic Banking |
Noor Bank’s Current Account gives you the ability to transact at your convenience - through a number of ways, in different currencies, and at any time.
NoorBank Current Account Features:
For Residents:
NoorBank Current Account Features:
- International debit and ATM cards
- Cheque book
- Unlimited transactions
- Monthly e-statement
- SMS alerts
- Online Banking
- Mobile Banking
- Phone Banking
For Residents:
- Copy of valid UAE Residence Visa
- Emirates ID
- Copy of National ID card or Copy of Family Book
- Letter/Salary certificate
** Calculator Definitions
Amount:
The total amount of money borrowed, also referred to as the principal amount.
Rate (%):
This is the annual interest rate on the product which is equivalent to APR, which is going to be calculated in this example.
Years:
This is the original term or length of the product, stated in years.
Effective Monthly Payment:
This is the effective monthly payment, which takes into consideration fees and other costs associated with this product. The effective monthly payment is the basis for the APR calculation.
Calculated Annual Percentage Rate (%):
The Calculated Annual Percentage Rate (APR) is determined using the annual interest rate of the product plus fees and other costs. This rate may differ from bank to bank. APR is useful when comparing two or more products with different interest rates and fee structures.
