Corporate Qard Current Account

Corporate Qard Current Account

Corporate Qard Current Account is a profit-free account specifically designed to meet the requirements of the Bank’s customers. Account holders will have easy access to account at any time to meet their personal or business expenses

Steps to be taken and documents to arrange before opening Corporate Qard Current Account!

Documents Required:

  • Update License
  • Article of Association (AOA)
  • Original NIDs (Tazkira) of Shareholders
  • Request for Account Opening – On company letter head
  • Tax Identification Number (TIN)
  • Company Seal Stamp
  • Passport Size Photo of Shareholders
  • Presence of company’s Shareholders in the onboarding process of account opening

Additional documents required for Domestics and International Companies & NGOs:

  • International Organization/Company (Article of Association, Stock/Share Certificate and Board Resolution)
  • NGO (None Governmental Organization) – (Official Letter from Ministry of Economy, List of Management members in board).
  • International NGO (None Government Organization) – (Official Letter from Ministry of Economy, Article of Association, List of Management members in board and their copies of their passports).
  • Private Universities/Schools (License from Ministry of Higher Education/License from Ministry of Education)
  • Private Hospitals (License from Ministry of Public Health)

Initial Deposits:

  • Initial Deposit for AFN Account AFN 3,750
  • Initial Deposit for USD Account $50
  • Initial Deposit for EUR Account €50

Fee:

  • AFN Account Monthly Maintenance Fee AFN 750
  • USD Account Monthly Maintenance Fee $12
  • EURO Account Monthly Maintenance Fee € 50
  • Free Printed Statement for AFN Account
  • USD Account Per Print Statement $5
  • EURO Account Per Print Statement €5

Benefits:

  • Non-interest bearing account
  • Safe and Secure Transactions
  • Easy, Reliable and Free AFN Transfer of Funds to All Local Banks
  • International Remittances to all countries (Except Sanction countries)
  • $2,000 and Equivalent AFN Withdrawal Through ATM’s
  • Currency exchange Facility
  • Option for Joint and Shared account
  • 24/7 Customer Connection Channels – Through Call center and Social media

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