NBF launches two banking products for SMEs

The National Bank of Fujairah (NBF) PJSC has announced the launch of the “Ahlan” SME account and the “OneStop” business account, two special banking products that give businesses access to features including hassle-free digital banking at any time and from any location.

NBF increases its banking services and expertise across multiple industries with these solutions to fulfill the demands of retail companies and corporations.

A package of banking services specialized to retail SMEs and corporates will be available through the “Ahlan” and “OneStop” accounts. These solutions serve as facilitators for businesses in the UAE, particularly those who are just getting started.

SMEs will have free internet banking, a free debit card with no extra charges on withdrawals within the UAE, unlimited cash deposits in CMD, free inward payments, a zero balance account, preferential FX rates on USD, cost-free account maintenance, a free check book, and free remittance transactions in local and foreign currencies, among other services, through these business accounts.

Commenting on the launch of these new products, Rehan Ali, National Bank of Fujairah, Head of Business Banking said, “As part of our strategy to support the SME ecosystem locally, NBF is excited to be putting its years of expertise at the disposal of businesses and supporting them to unlock emerging opportunities.”