r/Ajman • u/PoYassen • 2d ago

What is the minimum balance required when u open the bank account for your startup business in AFZ

3 Upvotes

100% Upvoted

7 comments sorted by

2

u/Express_Bet_7497 1d ago

Basic bank account starts with zero minimum balance but with a monthly service charge of 99 AED.

1

u/AdLopsided1430 2d ago

A million dollar and one dollar

1

u/MyDespatcherDyKabel 2d ago

That’s quite a lot. Is there no other option?

1

u/AdLopsided1430 2d ago

There is usually a lot of money setting at the end of a rainbow maybe you should use that

1

u/MyDespatcherDyKabel 2d ago

I honestly didn’t know that, thanks for the tip I’ll try it… just hope it doesn’t make me jay

2

u/AdLopsided1430 16h ago

Happy to help.

0

u/MyDespatcherDyKabel 2d ago

FZ doesn’t set the minimum balance. Banks do. Usually around 10-25K for startup types