Current Accounts are non-profit bearing accounts primarily meant for Customers who execute numerous banking transactions on a daily basis. Customers can deposit and withdraw any amount of money from such accounts as many times as they require and may also avail an overdraft/ finance facility as per HO approval. Current Accounts are available in local (PKR) as well as foreign currencies (USD, EURO and GBP)
Eligible Customers:
- Individuals (Singly or Jointly)
- Individual Business
- Diplomat
- Sole Proprietorship
- Joint Stock Company (Public/ Private/ Listed/ Unlisted)
- Partnership Firm (Registered/ Unregistered)
- Government Organization (Federal/ Provincial)
- District Government/ Local Government Organization
- Trust/ Club/ Association/ Society/ Political Party/ Charity/ NGO/ NPO
- Public Sector Corporation/ Autonomous Body
- Foreign Mission/ International Organization
Salient Features:
- This is a non-profit bearing and chequing account.
- This product is available in PKR, USD, GBP and EURO.
- Alternative Delivery Channels (ADCs) services are available.
- Statement of Account is issued semi-annually.
- Zakat deduction is not applicable on current accounts.
Minimum Initial Deposit Requirement:
The minimum initial deposit requirement in local or foreign currency is equal to the minimum monthly balance requirement as mentioned below. Minimum Monthly Balance Requirement
| PKR 5,000/- | USD: 100 | GBP: 50 | Euro: 50 | Other Currency: Equivalent to US$ 100 |
