Provider profile
Zand Bank PJSC
Raqma's read on Zand Bank PJSC
Raqma's read on Summarised from catalogue fields — not a paid placement.
- Products tracked
- 1 across 1 category (Business accounts)
- Licence status
- UAE Central Bank — licensed
- Public rating
- Apple App Store (AE): 3.5/5 · 4 reviews — snapshot 2026-10-23 (source)
- Lowest monthly fee
- AED 500 — Zand Corporate
- Free-zone acceptance
- 1 of 1 products accept free-zone licences
- Remote onboarding
- 1 of 1 products onboard without a branch visit
- Last reviewed
In short: Zand Bank PJSC has a focused offer in the UAE business accounts space, with published fees from AED 500/mo. Licensing on record: UAE Central Bank — licensed.
Is Zand Bank PJSC right for you?
Fit read from catalogue fields — not a recommendation, confirm terms with the provider.
- UAE SMEs
- Partial fit 1 product tracked across 1 category
- E-commerce merchants
- Limited No payment-gateway products tracked
- Free-zone companies
- Strong fit 1 of 1 products accept free-zone licences
- Import-export businesses
- Strong fit 1 cross-border product incl. trade finance
- Startups needing corporate banking
- Strong fit 1 of 1 onboard remotely
Strengths and watch-outs
Aggregated across the tracked Zand Bank PJSC catalogue — exact terms are on each product page.
Where Zand Bank PJSC stands out
- AED 500 monthly fee
- Accepts free-zone licences
- Fully remote onboarding
- Multi-currency: AED, USD
Watch-outs
- You cannot hold the required AED 250,000 minimum balance.
- You want near-zero fixed cost — this runs AED 500/month.
Licensing
- UAE Central Bank — licensed
Verified answers
What is the Zand corporate account minimum balance?
Zand’s Business Banking Schedule of Charges lists two plans: Business Essential has no minimum average monthly balance and costs AED 210 per month; Business Plus requires a AED 20,000 monthly average balance with no subscription fee, and charges AED 367.50 when the balance is not maintained. Account opening is free; closure within six months costs AED 105.
Source: zand.ae · verified
What do Zand transfers cost?
Local inward transfers are free and local outward transfers cost AED 2.10. Foreign-currency inward transfers cost AED 10.50; SWIFT outward transfers carry no Zand fee for amounts above USD 5,000 (correspondent bank charges and T&Cs apply). WPS salary payments cost AED 2.10 per record, and a payment tracer on request costs AED 78.75.
Source: zand.ae · verified
Facts & sources
Every fact we publish links back to the page it was verified on. Product-level terms (fees, limits, eligibility) are on each product page.
- Zand Corporate — verified
- zand.ae
Zand Bank PJSC products
Frequently asked questions
Is Zand Bank PJSC licensed in the UAE?
Yes — our catalogue records Zand Bank PJSC as holding UAE Central Bank — licensed. Always confirm the current licence scope on the regulator’s register before applying.
What Zand Bank PJSC products can I compare here?
We track 1 Zand Bank PJSC product: Zand Corporate. Each entry shows the published fees, requirements and approval details.
How do I apply for Zand Bank PJSC?
Raqma is a comparison service — we do not process applications. Review the products on this page, then continue to Zand Bank PJSC’s own onboarding through the outbound links.