For example: on your PCA you serve 32 days notice for a AED 1,000,000 withdrawal.
- We will pay you 32 days of interest on AED 1,000,000 at a rate of 1.75% p.a. ‘1.75% p.a.’ corresponds to the base rate (1.25%) plus the additional premium (0.50%) as per the table on the previous page. At the end of the notice, the withdrawal amount and interest accrued on the withdrawal will be credited to your current account with United Arab Bank.
- At the end of the calendar month, you will also receive 1.25% p.a. on the lowest balance recorded on the same month (this depends on the account activity in that specific period).