Overview

To provide convenience and enhanced services based on the needs of its customers, BMA has established various types of banking accounts within the categories of Current Accounts (Qardh) and Savings Accounts (Mudharaba) as the following. These accounts are designed to meet the specific requirements of customers according to their nature of business and service needs. Moreover, these accounts are characterized by features associated with Savings, Term Deposits, and Salaries, with account opening procedures and other facilities established accordingly.

☑ Pension Payment Account
This type of Mudharaba Saving Account is utilized for the distribution of pension funds to employees of institutions / agencies.

☑ Martyrs and Disabled Persons' Rights Payment Account
This is a type of Mudharaba Saving Account designated for the distribution of rights and benefits to the heirs of martyrs and individuals with disabilities.

☑ Orphanage Saving Account
This is a Mudharaba Saving Account used for saving and managing funds for children in Orphanages.

☑ Cooperative Current Account
This type of current account is intended to provide essential services to cooperatives related to the Ministry of Agriculture.

☑ Private School Current Account
This account is established for holding guarantees and conducting financial transactions for Private Schools.

☑ State Enterprises Current Account
This account is created to provide necessary services and facilities in accordance with the mechanisms and procedures for State Enterprises.

☑ Government Departments Current Account
This account is designed to offer necessary services and facilities considering the mechanisms and procedures for Governmental Budgetary Units.