NBF launches two innovative banking products for SMEs
FUJAIRAH, December 5, 2021
National Bank of Fujairah (NBF) has launched the ‘Ahlan’ SME account and ‘OneStop’ business account, two exclusive products that provide businesses with access to unique features including hassle-free digital banking anytime, anywhere.
Through these offerings, NBF expands its award-winning banking services and expertise across various sectors to meet retail businesses and corporates’ needs.
‘Ahlan’ and ‘OneStop’ accounts will include a suite of banking services tailored to retail SMEs and corporates. These solutions act as enablers to support businesses in the UAE – especially newly established ones. Through such business accounts, SMEs will have access to free internet banking, free of cost debit card with no additional fees on withdrawals within UAE, unlimited cash deposits in CMD, free inward payments, zero balance account, preferential FX rates on USD, cost-free account maintenance, free checkbook, free remittance transactions in local and foreign currencies, and many other services.
Commenting on the launch of these new products, Rehan Ali, NBF’s Head of Business Banking, said: “As the UAE opens its doors to growth and opportunities across industries, businesses from around the globe are looking to leverage the economic pickup in Dubai and set up shop here. 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. We see this as a logical step for our bank that has been known as the financial partner for businesses and entrepreneurs.”
Businesses also will have access to the NBF Connect, a dedicated and exclusive banking platform for SMEs. NBF Connect serves as a one-stop-shop for SME members which includes access to a suite of services and solutions as well as knowledge-sharing capabilities.-- TradeArabia News Service