رأيك يهمنا.. كيف تقيم الواجهه الجديدة لموقع بنك البلاد
رأيك يهمنا.. كيف تقيم الواجهه الجديدة لموقع بنك البلاد
رأيك يهمنا.. كيف تقيم الواجهه الجديدة لموقع بنك البلاد
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Albilad Phone 920001002 عربي Careers

Albilad USD Account

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Albilad USD Account, The first of its kind in the kingdom !

Albilad USD Account offers freedom to the customer in managing and utilizing their accounts at any time. However, the account continues to yield profits for a balance of no less than $ 50,000. This account enables customers to invest their money while, at the same time, having high liquidity on hand. Customers, for example, can reach their accounts at any time through the "Albilad phone", or "Albilad net".

Albilad Account is based on the Sharia concept of "Mudarabah". It has many features including flexibility, accessibility and regular profits, in addition to reduced risk.


Albilad Account is available also in Saudi Riyal. For more information click here

 

Features:

Albilad Account has many features, including:

  • The ​Investment nature of this account is compatible with the provisions of Islamic Sharia.
  • Flexible account that offers regular returns to customers.
  •  Minimum qualifying amount for profit sharing is $ 50,000.
  •  Profits are calculated on a monthly basis.

 

Requirements for opening Albilad account:

  • ​The customer should be at least 18 years old; or supervised by a legal guarantor for customers younger than 18 years old.
  • ​ For Women: national ID or Family Card with an identifier .
  • Customer should have a current account with Bank Albilad.

 

Documents required to open Albilad account:

  • Proof of valid identity (national identity card or family book for the Saudis, or residency ID and passport for non-Saudis).
  • Entities: the Commercial Register with documents to prove the identities of the owners / representatives of the entity.
     

Terms of profit distribution for Albilad account:

  • ​The customer does not warrant any profits if the amount available in the account balance at any time during the month is less than 50,000 $. The speculation contract of the customer in this case is revoked, and the remaining balance is treated as a current account.
  • The customer must deposit the money in the beginning of the month to get the profits.

 

How profits are distributed:

Distributed on a monthly basis with the knowledge that the expected return on the Albilad account, is in accordance the return of Albilad treasury & corporate​ stock speculations.

 

Other services and facilities

Albilad Account offers other services and facilities, including:

  • ​Periodic  account statement .
  • Ability to track & manage the accounts through e-channels.
  • ​ Ability to transfer from an account to another (Internally, locally or internationally).
  •  Ability to sell & buy currencies. 

 

​​Some restrictions on Albilad account:

The current account is considered the base of the customer relation with the bank. Therefore, some minor restrictions cannot be availed with Albilad Account:

  • Linking it with Tadawul trading account and investment account through Albilad capital.
  • Albilad credit card requests.
  • Requests of any financing products.
  • Attorney Account transactions.
  • Corporate products.
  • Safe deposit boxes.
  • Issuance of mada debit card.
  • Issuance of CHQ book.


  For more information, we are delighted to answer all your inquiries through Albilad phone at 920001002 

 

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