Financial Inclusion Account
The financial inclusion account allows you to benefit from basic banking services and access financial products and services without fees or minimum account balance.
- The beneficiary must hold a Palestinian or Jerusalem ID.
- The beneficiary must not have any account of any type in any bank operating in Palestine, even if the account is frozen.
- Providing cash withdrawal and deposit services
- Providing check collection and deposit services
- Sending and receiving internal and external transfers
- Issuing an ATM card without any commissions
- Benefiting from free internet banking and SMS services
- The monthly financial transactions must not exceed USD 2,000 or the equivalent in other currencies, with a maximum of USD 12,000 per year or the equivalent in other currencies.
- If the maximum limit is exceeded, the bank is entitled to change the account to a current or savings account after completing the required documents and informing the customer.
- The bank is entitled to refuse to execute financial transactions in case the maximum limit is exceeded.
- The bank may close the account if the customer fails to comply with the terms and conditions.
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