Deposit Accounts

Alfalah Foreign Currency Accounts

To manage your foreign currency transactions with security, ease and convenience , you can place your funds in our 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

 

 * Service charges apply as per the Bank’s prevailing Schedule of Charges
Govt. taxes, and regulatory conditions (including FE25 regulations) are applicable as per government regulations.

 

 Apply Now

 

 

24/7 Customer Support

For details about our Products & Services call our Phone Banking Service at 111-225-111