SIB Pay Point of Sale
Power up your business with Smarter POS Solutions.
Step into a world of fast, secure, and seamless payments. Our advanced POS terminals are built to keep your business moving — offering:
- Wide terminal availability to suit any business size
- Lightning-fast transactions that reduce customer wait times
- Bank-grade security to protect every payment
- Full compatibility with major cards, wallets, and payment methods
- Multi-currency support for local and international customers
POS Solutions:
- Standalone Solution
- Mobility Solution
- Unattended Solution
- Retail Integrated Solution
- Hospitality Integrated Solution
From retail stores to restaurants and beyond — accept payments with confidence, and give your customers the experience they expect.
Enquire now
To apply
Eligibility criteria
- Valid Trade License
- Business Plus: Zero minimum balance & monthly maintenance fee of AED 250
Terms and Charges
- View schedule of Fees and Charges
- View Trade Finance schedule of Fees and Charges
- View Deposit Account Key Facts
- View Business Banking Account Key Facts
- View Terms & Conditions
- View Deposit Rates Report
- View full profit rate details and distribution applicable for your Business
- View Takaful Insurance Policy
Documents
- Valid Trade license
- Owners Passport and Emirates ID
- 6 months bank statement (if old Trade License)
- 6 months bank statement of the owner (if new Trade License)
- Commercial registration
- Memorandum and articles of Association (if applicable)
- POA (if applicable) (Original EID & PP of POA)
- Board resolution (if applicable)
- Partnership Deed (if applicable)
- Account Re-Classification Form
- New to Bank - Business entity Customer Onboarding & Account Opening Application (Business Banking)
Need help choosing?
We are here to help you make the right decision according to your daily needs.
Customize your banking experience based on your financial goals.
Find out how you can get support to make your business ideas a reality.
Explore all the ways that you can make smart investments and make your money work even harder for you.
Discover the future of banking with our Digital Account
Enjoy flexibility and convenience with Online Banking.
Bank on the go – whenever and wherever you are.
Frequently asked questions
What is the minimum balance requirement for the Business Plus account?
The Business Plus account has a zero balance requirement, allowing you to maintain flexibility in your finances.
How many free teller transactions am I allowed per month?
You are entitled to 5 free teller transactions each month.
Can I use this account for foreign currency transactions?
Yes, the Business Plus account offers foreign exchange solutions for transactions over AED 50,000.
Is there an online banking feature available?
Yes, you will have access to online banking services for easy management of your account.
Who is this account best suited for?
The Business Plus account is ideal for startups and small businesses seeking flexibility and a cost-effective banking solution.
How can we help you?
Get in touch
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