The Qardh Corporate Current Account is an interest-free and non-profit account specifically designed to meet the needs of Corporate / Entity Clients of the Bank. A Qardh Corporate Current Account is a type of demand deposit account that allows withdrawals from the account at any time in accordance with the account's available balance. Since such deposits are payable on demand, the Bank is responsible for paying money upon request.
Account Overview
The Qardh Corporate Current Account is an interest-free and non-profit account specifically designed to meet the needs of Corporate / Entity Clients of the Bank. A Qardh Corporate Current Account is a type of demand deposit account that allows withdrawals from the account at any time in accordance with the account's available balance. Since such deposits are payable on demand, the Bank is responsible for paying money upon request.
Account Features
This type of account is specifically opened for businesses with operational licenses including limited liability companies, institutions, non-governmental and non-political organizations, parties, associations, and so on, where banking transactions occur frequently on a daily basis. The account can be opened in various currencies (AFG, USD, EURO, and POUND), and customers can determine the nature of operations in the account or specify the account authorizations as individually, jointly, or in multiple formats.
Facilities and Services of the Account
☑ Transfer and receipt of funds from outside the Country and vice versa (through SWIFT network).
☑ Processing of employee salaries.
☑ Bank Guarantees.
☑ Internet Banking.
☑ SMS Banking.
☑ Safe Deposit Boxes.
☑ Cheque Book.
☑ Electronic Statements.
Account Criteria and Terms
Eligibility for the Account
Legal entities (Companies / Institutions).
Costs of the Corporate Current Account
☑ Minimum balance required to open the account (initial deposit), 2,000 AFN / 40 USD / EURO / GBP.
☑ Maintenance of minimum balance in the account, 2,000 AFN / 40 USD / EURO / POUND.
☑ Monthly account maintenance fee, 200 AFN / 03 USD / EURO / GBP.
☑ Monthly SMS Banking service fee, 50 AFN / 01 USD / EURO / GBP.
Required Documents for Account Opening
☑ NID / Passport of the CEO, Deputy CEO, and Shareholders of the Company.
☑ Application for opening a Bank Account.
☑ Business License and Articles of Association of the Company.
☑ Tax Identification Number (TIN).
No calculator available for this service
Related Topics
E-Banking
Murabaha Financing
Financial Statements
SWIFT Services
Mudharaba Corporate AC
SWIFT Services
Western Union Services
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