
Overview
The Bank Alfalah Islamic Foreign Currency Current Account is designed for Pakistanis who want to maintain and transact in USD, GBP, or EUR. With no minimum or maximum balance requirement and complete flexibility on deposits and withdrawals, this account offers seamless foreign currency banking.
What you get
- Open in USD, GBP, or EUR with just 100 units initial deposit.
- No minimum or maximum balance restrictions.
- Unlimited deposits and withdrawals.
- Free cheque book, e-statements, and SMS alerts.
- Complimentary semi-annual account statement.
- Free takaful coverage on maintaining an average monthly balance of PKR 10,000.
Features & Benefits
Account Flexibility
Open in USD, GBP, or EUR with just 100 as initial deposit and no limits on transactions.
Banking Convenience
Get free cheque book, e-statements, and instant SMS alerts.
Additional Value
Enjoy free takaful coverage and exclusive banking privileges.
How To Open
01
Initiate Application
Provide your details and select desired banking options
available.
02
Provide Documents
Upload copies of your identity and other required documents.
03
Review Process
Allow the bank to verify and process your application.
Account Activation
Receive confirmation of account activation and start banking!
Required Documents
- Valid CNIC / NICOP / SNIC.
Important Documents
Compare Account
Features | Islamic Foreign Currency Current Account |
|
---|---|---|
Currency
|
USD / EUR / GBP
|
USD / EUR / GBP |
Initial Deposit to Open
|
USD 100/ EUR 100 / GBP 100
|
USD 100/ EUR 100 / GBP 100 |
Minimum Balance to Keep
|
-
|
- |
Account Maintenance Fee
|
-
|
- |
Indicative Profit
|
-
|
- |
Profit Payment Frequency
|
-
|
- |
Debit Card
|
-
|
- |
Cheque Book
|
First Cheque book free, subsequent
cheque books PKR 22.5/- Per leaf or equivalent for FCY
accounts
|
First Cheque book free, subsequent cheque books PKR 22.5/- Per leaf or equivalent for FCY accounts |
SMS Alerts
|
PKR 250/- Per Month
|
PKR 250/- Per Month |
E-Statement
|
Yes
|
Yes |
Bankers Cheque
|
-
|
- |
Clearing
|
-
|
- |
Account Limits
|
No
Limits
|
No Limits |
IBFT
|
Free up to minimum aggregate
sending limit of PKR 25,000/- per month per account, After
exhaustion of monthly limit or for amount exceeding
aggregate of monthly PKR 25,000/-; 0.1 % of the transaction
amount or PKR 200/- (whichever is lower) will be
charged.
|
Free up to minimum aggregate sending limit of PKR 25,000/- per month per account, After exhaustion of monthly limit or for amount exceeding aggregate of monthly PKR 25,000/-; 0.1 % of the transaction amount or PKR 200/- (whichever is lower) will be charged. |