Barclays/Barclaycard

Account Services

Current Accounts

Our corporate current account is a low-cost operating account to satisfy all your banking needs.

• Unlimited number of free transactions per month

• A minimum average balance is required

Call Accounts

An interest earning account offering customers an attractive return on their funds.

• Funds deposited attract interest on a daily basis at published rates. Prevailing interest rates are available on request.

• No fixed deposit period.

• Anytime withdrawal of funds subject to one-day notice.

• If the balance falls below the minimum requirement, no interest will be accrued during that period.

Overdraft Account

An overdraft account is offered to Corporate Banking clients who require temporary borrowing for their working capital requirements. Since, this is a credit facility offered to corporate clients, appropriate internal credit approvals need to be obtained prior to offering the facility.

• Quick and easy to set up

• Pay interest only on the amount you borrow

Fixed Deposit

Funds deposited for a fixed time period at a fixed rate of return at maturity.


Find out more

Email - uaecommercialservices@barclays.com

Visit - Our International Corporate Banking Website 

Payments

AED Transfer

Payment made in dirham to accounts within Barclays UAE or to other local banks.

Foreign Currency Transfer

Payment of Foreign Currency to beneficiaries in any part of the world, subject to sanctions.

Managers Cheques in AED

Cheques issued by the Bank for meeting all your local payments, services and commitments, with an added feature of direct couriering to beneficiaries.

Find out more

Email:uaecommercialservices@barclays.com

Visit - Our International Corporate Banking Website

Liquidity and Other Cash Management Services

Pooling

You can utilise Pooling to help you maximise yield on your daily cash by offsetting accounts with deficit balances against accounts with surplus balance in different entities. There is no physical movement of balances from the participating entities to the designated cash concentration account.

Sweeping

To maximise yield on your daily cash, these solutions help you concentrate all surplus balances and deficit balances at a pre-defined period into one concentration account. Under a physical sweep structure, balances in multiple accounts are physically transferred from participating accounts to a designated concentration account.

Post-dated cheques

Cheques with a future value date favouring yourselves can be warehoused by us to be presented for payment/clearing on the cheques date.

Post-dated cheques Discounting

Discounting or Advancing funds against a future value dated cheque.

Cheque Clearing and Collections

Presenting your AED cheques through Central Bank clearing system (for UAE cheques) and direct to the drawee banks for realisation of payment for overseas cheques/instruments.

Cash Deposit/Withdrawal

Handling of all cash deposits and withdrawals through any of our cash handling branches in UAE.


Find out more

Email:uaecommercialservices@barclays.com

Visit - Our International Corporate Banking Website