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Emirates NBD moves to raise fee income
February 8, 2010
Emirates NBD will impose fines on customers who delay salary transfer to the bank. It has informed all customers that those who do not get their salary credited will be fined Dh75 a month.
Jamal bin Ghalatia, Group Deputy CEO, said the bank has grouped its customers into three categories, namely Classic, Plus and Select.
Non-receipt of salary for three months will invite a quarterly fine of Dh105 for Classic Account holders. And for Plus and Select categories of account holders, the quarterly fine will be Dh225 per quarter.
According to a bank official, even if a customer gets his salary in cash and deposits it in the account, he will be fined becauses the procedure is not considered as a "salary transfer".
Original Posting At: Business247
Jamal bin Ghalatia, Group Deputy CEO, said the bank has grouped its customers into three categories, namely Classic, Plus and Select.
Non-receipt of salary for three months will invite a quarterly fine of Dh105 for Classic Account holders. And for Plus and Select categories of account holders, the quarterly fine will be Dh225 per quarter.
According to a bank official, even if a customer gets his salary in cash and deposits it in the account, he will be fined becauses the procedure is not considered as a "salary transfer".
Original Posting At: Business247
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