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Account Name

AAIB
(1 rate)

Green Pearls GBP- 4 years - semi annually

Product Rate

(0 rate)

Benefits

"•Highly Competitive interest rates (Tax Free) •Choice of deposit tenors from 2 to 7 years •Flexibility of interest payment frequency ( Monthly ,Quarterly, Semi-annually and Annually ) •Fixed interest rate during the tenor of the deposit •Redeemable after the first 6 months according to redemption tables •Can be issued for minors •Available for individuals and corporate clients •Take loan and Credit Card ( Visa and MasterCard ) up to 97% of the deposit’s value •Take an overdraft up to 90% of the deposit’s value •Secured Credit Card is issued only against USD deposit with 50% discount on Issuance fees "

Overview

Green Pearls are Arab African International Bank unique time deposits in USD, EUR, GBP. Green Pearls deposits ensure the dual benefit of high interest rate stability and the flexibility of multiple interest payment frequencies.

Eligibility

"• Minimum deposit of USD 5,000 (or equivalent in EUR or GBP) with no maximum limit • Deposit can be increased in multiple of USD 1,000 or its equivalent in EUR or GBP "

Documents

"• Valid National ID "

Currency

GBP

Fees

Application Fees: --- GBP

One Time Fees: --- GBP

Monthly Fees: --- GBP

Annule Fees: --- GBP

Interest Rate

1.62 %

Deposit Type

Time Deposit

Tenure Type

Year / Years

Tenure Value

4

Interest Payment Frequency

87

Banking Channels

Branch

Phone Banking

Internet Banking

Mobile Banking

Min Amount

1 GBP

Processing Time

1 Day