How to open Current account in Arab Bank Algeria
The Current Account can be opened for both, you personally or
your legal entity, upon presentation of an approved personal identification
document for you, and the approved registration documents for companies,
institutions and legal entities.
- This account is
opened in all major currencies, according to Central Bank of Algeria
Regulation
- It may be opened
in your name singly / jointly.
- Minimum amount
of opening the account is 10.000 DZD.
- Minimum amount
of opening the account in foreign currencies is EUR 500 (or equivalent on
other currencies).
- You will be
issued a Cheque Book with this account.
- The current
account in DZD is a non-interest bearing account.
- Free statement
of account is issued every Three months
Comments