Alfalah Islamic Premier FCY AccountAlfalah Islamic Premier FCY Account

Alfalah Islamic Premier FCY Account

Alfalah Islamic Premier FCY Accounts enabled you to derive maximum benefits from your foreign currency deposits.

1. Falah Foreign Currency Current Account
A foreign currency transactional account that can be opened in USD, Pound Sterling or Euro Currency.

2. Falah Foreign Currency Savings Accounts
A foreign currency savings account that can be opened in USD, Pound Sterling or Euro Currency. Falah Foreign Currency Savings Account enables you to earn Riba free returns on your foreign currency deposits. Profit is calculated on average balance of the month and paid semi-annually.

3. Alfalah Islamic Profex Account
A Tier-Based Foreign currency savings account that lets you save with monthly profits and enjoy increased returns on higher balances.

By simply maintaining an average quarterly balance of equivalent FCY of PKR 3 Million you can avail the following waivers:

  • Free Issuance of Bankers Cheque
  • Free Cancellation of Bankers Cheque
  • Free Certificate Issuance (Account maintenance + Balance Confirmation + WHT + Profit Payment, Proceed Realization, Zakat Certificate etc.)
  • Free Intercity Clearing
  • Free Intercity online transaction
  • Free Balance confirmation certificate
  • No Account closure charges
  • Free Stop Payments of Cheques
  • Free Duplicate statement request
  • Free Statement of Account
  • Free Online banking
  • Free SMS Alerts
  • Free Visa Signature Debit Card Fees (Issuance + Annual + Replacement)
  • Free Issuance of Cheque Books
  • Free Interbank online transactions
  • Free E-statements
  • Free Interbank Fund Transfer/ Internal Fund Transfer

If you are able to maintain an average quarterly balance between PKR. 5 million and PKR. 7 million (in equivalent FCY), you are entitled to even more exceptional benefits:

  • Free Outward TT
  • Free FCY Demand Draft
  • Free Duplicate Bankers Cheque
  • No Cheque Return Charges
  • Free Collection of Cheques (LCY/FCY)
  • Standing Instructions waiver

If your average quarterly balance exceeds Rs. 7 million (in equivalent FCY), you will be entitled to even more exceptional benefits.

  • Same Day Clearing of Cheques
  • No Locker Annual Fee*
  • Free Inward Remittance

*Subject to availability of Locker

  • Terms and Conditions apply
  • Items not mentioned as free will be charged as per Schedule of Charges

Currently, Islamic Premier Services are available in limited cities only
Click here for more details on Deposit Accounts

Apply Now Or you can apply for Alfalah Islamic Premier FCY Account at the branch.