Financial Inclusion Account
The Financial Inclusion Account allows you to benefit from basic banking services and access financial products and services without incurring any fees or a 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.
- Provides cash withdrawal and deposit services.
- Provides check collection deposit services.
- Allows you to issue and receive remittances domestically and internationally.
- Allows you to issue a free ATM card.
- Allows you to benefit from free SMS services.
- Allows you to subscribe to Islamic Mobile services and enjoy its various services, such as E-SADAD and iBURAQ.
- 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 Account or a 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.
Rate
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