NBF launches two innovative banking products for SMEs

NBF launches two innovative banking products for SMEs

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