Accounts 

If you frequently make deposits and withdrawals and are not interested in earning interest, a current account is the ideal option for you.

It is a non-interest-bearing account that can be opened in the local currency and major foreign currencies (Syrian Pound, US Dollar, and Euro).

The account can be opened in the name of one or more individuals, with authorized signatories specified and their signing authority clearly defined (individually or jointly).

The account offers you a range of options, including:

• Obtaining a cheque book.

• The flexibility to make transfers to and from the account, in accordance with applicable laws and regulations.

• The ability to open multiple sub-accounts, according to the customer's specific purposes, under the same main account number.

• Obtaining account statements.

If you wish to save while maintaining the flexibility to make withdrawals and deposits and earn interest, a savings account is one of the best options available to you.

It is an interest-bearing account, with interest calculated based on the lowest monthly balance and credited on June 30 and December 31 of each year, at an interest rate of 11.25%. The account can be opened in any of the following currencies: Syrian Pound, US Dollar, or Euro.

The account can be opened in the name of one or more individuals, with authorized signatories specified and their signing authority clearly defined (individually or jointly).

The account offers you a range of options, including:

• The flexibility to make transfers to and from the account, in accordance with applicable laws and regulations.

• Obtaining account statements.

If you plan not to use your funds for a specified period of time and wish to earn attractive returns, a term deposit account is an ideal solution.

It is an account in which the balance remains fixed for an agreed-upon period and can be opened in the following currencies: Syrian Pound, US Dollar, and Euro.

The deposit earns attractive fixed interest rates that remain unchanged throughout the deposit term. For the latest interest rates applicable to all currencies, please refer to the Home Page / Currency Rates section.

The minimum amount required to open the account is SYP 100,000, USD 100,000, or EUR 75,000.

The account can be opened in the name of one or more individuals, with authorized signatories specified and their signing authority clearly defined (individually or jointly).

The account offers you a range of options, including:

• The flexibility to withdraw all or part of the deposited amount on the maturity date.

• Automatic renewal of the principal amount for an equivalent term, at the prevailing interest rate on the renewal date.

• Automatic renewal of the principal amount plus accrued interest for an equivalent term, at the prevailing interest rate on the renewal date.

• Non-renewal of the deposit, with the principal amount plus accrued interest transferred to the current or savings account.

• Receiving a deposit certificate/notice.

• If you wish to withdraw the funds before the maturity date (early termination of the deposit), the accrued interest for the deposit term will be forfeited.

• If you wish to change the renewal instructions or opt not to renew the deposit under the same terms and conditions, written instructions must be received at least five days prior to the maturity date.