Foreign Currency Services


سپرده‌های ارزی
In compliance with the latest CBI regulations, Middle East Bank offers foreign currency services to corporates and individuals as follows:

Opening foreign currency accounts (both Non-Interest Bearing Accounts and Long/Short term Investment Deposits) as table below:

Deposit Rates
Deposit Tenor US Dollar(USD) Euro(EUR) UAE Dirham(AED)
1 year 1.5% 1.5% 1%
6 months 1% 1% 0%
3 months 0.5% 0.5% 0%
1 month 0% 0% 0%

Above rates will be considered for amounts less than or equivalent to USD 50.000 of cash deposit or its equivalent amount in either Euro or UAE Dirham.
Above rates are applicable for placement dates after 12/December /2019.
Above rates are for cash deposits only.

  • Purchasing foreign currency funds (both cash and TT) from our clients at the best possible rates.
  • Exchanging foreign currencies
  • Buying/Selling foreign currency funds based on import request of our clients and CBI allocation.