The Bank Alfalah Islamic Foreign Currency Savings Account gives you the opportunity to earn Riba-free returns on your foreign currency deposits while enjoying global convenience and essential free banking services. With no balance restrictions, flexible transactions, and bi-annual profit payouts, it’s designed for customers who want to save and grow their wealth in international currencies.
What you get
Maintain an average monthly balance of PKR 10,000 in your checking account to receive free accidental death and permanent disability takaful coverage of up to PKR 2 million.
Start your account with just:
• USD 100
• GBP 100
• EUR 100
Profit-bearing single-tier account with profit calculated on average monthly balance and disbursed bi-annually.
No minimum or maximum balance limit.
Available to all Pakistani nationals with CNIC/NICOP/SNIC.
Enjoy free e-statements, first cheque book, SMS alerts on every transaction, and semi-annual account statements.
Unlimited deposits and withdrawals without restrictions.
| Features | Bank Alfalah Islamic Foriegn Currency Savings Account |
|
|---|---|---|
|
Currency
|
PKR
|
— |
|
Initial Deposit to Open
|
-
|
- |
|
Minimum Balance to Keep
|
-
|
— |
|
Account Maintenance Fee
|
-
|
— |
|
Indicative Profit
|
0.08
|
— |
|
Profit Payment Frequency
|
Monthly
|
— |
|
Debit Card
|
Yes -
Charged
|
- |
|
Cheque Book
|
First Cheque book free, subsequent
cheque books PKR 22.5/- Per leaf or equivalent for FCY
accounts
|
— |
|
SMS Alerts
|
PKR 250/- Per Month
|
— |
|
E-Statement
|
Have this
feature
|
— |
|
Bankers Cheque
|
PKR 450/-
|
— |
|
Clearing
|
Intercity - 350 Per Cheque, Same Day - PKR 600/- Per
instrument
|
— |
|
Account 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.
|
— |
| Open An Account |