Current
Deposits:
These type of accounts are aimed to facilitate the
business community to enable them to avail the banking services for managing
their business operations in more organized way with proper control and
transference. In current account there is no restriction on the number of
operations. This is a non-interest bearing account, unless agreed upon or under
any specific scheme.
Eligibility:
Accounts can be opened by
1. individuals & joint holders.
2. Proprietorship or Partnership firms
3. Private & Public Limited Liability Companies.
4. Education &health institutes or any other
organizations.
5. Non-profit and Non-Government organizations,
clubs, societies and associations.
Documents
Required:
1. For
Individuals
a. Customer identification (Tazkira / passport )
b. Business license
c. TIN Numbers
2. For Other
Type Of Customers Viz Firms, Companies And Social And Non-Government,
Non-Profit Organizations.
a. Copy of license for conducting the business from
the concerned authorities.
b. Registration certificate of the organization.
c. Bye-laws and constitutions of the organization.
d. Board resolution / management decision to open
account.
e. Tazkiras / passports of the persons authorized to
open and operate the account.
f. TIN number (Afghanistan Tax Index Number).
g. Introduction letter from any existing customer.
Features:
1. Accounts will be opened in AFN, USD, GBP and
EURO.
2. No account opening and account maintaining
charges.
3. One cheque book will be issued free of cost on
opening of the account.
4. Pass book, customer ID card, statement of account
will be given free of charges.
5. ATM debit card will be issued free of charges.
6. Collection of local cheques will be done at no
cost.
7. Internet Banking Facilities will be provided free
of charges on specific request with secured passwords.
8. For Minimum balance requirements and other
features, refer the details from the relevant specific scheme.
Current account will also be opened for Margin Money
purpose from the borrowers as a part of their contribution / security for
obtaining fund based and non-fund based credit from the bank. In the case of
Margin Money deposits, there is no stipulation of minimum balance, no minimum period
and no interest will be paid on the amounts held. The margin money deposit will
be kept under lien and will be released or repaid on satisfactory repayment /
discharge of the liability by the borrower.
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