Advantages of the Investment Account:
Sharing with the bank competitive expected profits.
Possibility of reinvesting the 3 months, 6 months, and 12 months deposited amount automatically upon the client’s request.
Possibility of borrowing against the investment account balance collateral according to the bank’s lending terms.
Eligibility Requirements:
Provision of identification papers for opening the account.
No checkbook is issued for this account.
Minimum deposits to be determined by the bank.
Documents Required for Account Opening:
For Companies:
A letter from the company’s board of directors to open an account.
A letter from the company’s board of directors for persons authorized to sign on behalf of the company and their signatures’validity for each.
The internal regulations and the company’s establishment agreement.
Form 28.
A copy of the company’s tax card.
ID cards for the persons authorized to sign + the shareholders (Valid ID card or passport) + copy of Nationality certificate.
Full address of those authorized to sign.
For Business Names:
Letter for opening account.
Business registration certificate.
ID cards for the persons authorized to sign + the shareholders (Valid ID card or passport) + copy of Nationality certificate.