Alfalah Foreign Currency Accounts
To
manage your foreign currency transactions with security, ease and convenience,
you can place your funds in Alfalah Bank’s Foreign Currency Current and Savings
Accounts.
Foreign Currency Current Account:
- Non-profit bearing checking account
- Account can be opened in US Dollar, Pound Sterling, Euro or Japanese Yen
- Minimum balance equivalent to 100 (USD, GBP, EUR) or 5,000 Yen
- No restriction on number of monthly deposit or withdrawal transactions.
Foreign Currency Savings Account:
- Account can be opened in US Dollar, Pound Sterling, Euro or Japanese Yen
- Minimum balance equivalent to 250 (USD, GBP, EUR) or 10,000 Yen
- Profit is calculated on minimum monthly balance and paid on a semi-annual basis.
- No restriction on number of monthly deposit or withdrawal transactions.
Foreign Currency Term Deposit Account:
- Account can be opened in US Dollar, Pound Sterling or Euro
- Amount can be placed for 1 month, 3 months, 6 months and 1 year
- No minimum amount of placement
- Profit paid at maturity
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