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Features and Benefits
- Shariah-compliant business current account
- A transactional account with low minimum opening balance
- Ideal for all business enterprises, corporations, Non-profit and Government institutions
- Dedicated relationship manager
- Access to business development center
- Conveniently located branches and ATMs
- Free deposit/withdrawal teller transactions
- Access to online banking, mobile banking and SMS banking
- Access to Check book
- Access to duplicate account statements or regular account statements on request.
- Access to free E-statement
- Access to internationally recognized debit card
- Access to copy of old and processed checks
- Free account transfers/payments via Amal Netwrok within Somalia.
- Access to Amal Business Financing
- Access to free direct salary deposit
- Standing Instructions enable you to automatically make payments for regular transactions (such as bill payments, transfers, donations or installments)
- Special foreign exchange rates
Requirements
- No opening fee
- No annual account maintenance fee
- Completed and signed Application Form
Minimum account opening and operating balance of:
- Micro-business $10
- SME $50
- Corporate $100
Sole Proprietorship
- Original valid ID/passport
- A copy of Trade License or Chamber of Commerce Registration
Partnerships
- Original valid ID/passport of Partners
- A copy of Trade License or Chamber of Commerce Registration
- Partnership Agreement
Corporations
- Certificate of Incorporation
- A copy of Trade License or Chamber of Commerce Registration
- Original valid ID/passport of all authorized signatories
4 Easy way to apply
FAQs
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