Alfalah FCY Monthly Savings Account helps you build your savings on foreign currency deposits and enjoy the added benefit of monthly profit payout.
Target Market:
- For individuals and companies
- Customers with savings in foreign currency
Features:
- Free Online Banking Transactions through 800+ Branches
- Free Cheque Book Issuance
- Free Intercity Clearing
- Available in US Dollar, Pound Sterling, Euro and UAE Dirham
- No minimum balance requirement
- Profit calculation on average balance
- Monthly Profit payout
- Free e-Statements
- No restrictions on deposits/ withdrawals
- Free Local Fund Transfers to any BAFL Account
Eligibility Criteria:
- A/c Opening Requirement: 100 units for USD, GBP and EUR, 500 for AED
- No monthly minimum balance requirement