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 the account at any time to meet their personal or business expenses
Request for Account Opening – On company letterhead
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 (Non-Governmental Organization) – (Official Letter from the Ministry of Economy, List of Management member’s inboard).
International NGO (Non-Government Organization) – (Official Letter from Ministry of Economy, Article of Association, List of Management members inboard 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
Monthly Maintenance & Other Fees
Monthly Maintenance:
AFN 750 for Monthly Maintenance fee on AFN Account
$12 for Monthly Maintenance fee on USD Account
€50 for Monthly Maintenance fee on EURO Account
Fees:
Free Printed Statement for AFN Account
USD Account - Per Print Statement $5
EURO Account - Per Print Statement €5
Additional Services & Benefits Included
Services:
Free Online Banking
ATM Withdrawal Facility
Free Master & Visa Debit Card Issuance with $20 Annual fee
Islamic Credit Card (Master) Issuance
Cheque-Book
Free SMS Banking Facility
Murabaha Financing (Industrial financing, business and corporate financing)
Access to all AIB branches
Benefits:
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 within 24 hours
Currency Exchange Facility
24/7 Customer Connection Channels – Through Call center and Social media