UAE-based Emirates Islamic has launched a new zero remittance fee campaign for company accounts in retail and business banking.

The campaign will allow customers to make international transfers worth AED50,000 ($13,612) or more. Additionally, it will meet customers’ needs and will reward loyal customers.

The campaign will run until 31 March 2014 and will support UAE-based SMEs by offering easy access to zero-free remittance to any part of the world.

Emirates Islamic consumer wealth management deputy CEO, Faisal Aqil, said they are committed to supporting UAE’s businesses and emerging corporates, which are key growth drivers for the economy in the country.

"The zero-fee remittance campaign has been specially designed to encourage and support SMEs that are engaged in cross border trade, and will offer considerable cost efficiency for small enterprises and companies in the retail sector. It also fits in adequately into the bank’s strategy to offer diverse products under one roof," Aqil added.

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