Foreign Currency Chequing Accounts

Description Specific Product Details
Name of Product: Askari Halal Foreign Currency Current Account
Underlying Mode: Qard
Acceptable Currency: USD, Euro and GBP
Type of Product: Current (chequing account)
Minimum Balance Required: USD= $1,000/-, GBP= £1,000/-, Euro= €1,000/- (for account opening only)
Tenors: Minimum: N/A
Maximum: N/A
Profit Calculation: N/A
Periodicity of Profit Distribution: N/A
Service Charges (if any): As per Schedule of Charges – Islamic
Other Features: No minimum balance requirement/charges for maintenance of account