فارسی | Tuesday12 December 2017
 

Accounts in foreign currency
Refah Bank is active in opening all kinds of accounts in foreign currencies, such as current Qarz-al Hassaneh, saving and time deposit accounts for the customers and they can deposited their funds with Refah Bank.

1- Current Qarz-al-Hassaneh Account
All qualified Iranian and foreign individuals and legal entities can open both individual and joint current Qarz-al-Hassaneh accounts in foreign currencies by introducing an individual as recommender.
These accounts are opened for those customers, who already have current accounts in I.R.Rials.
The required terms and conditions and the necessary documents for opening current Qarz-al-Hassaneh accounts in foreign currencies are similar to those for opening current Qarz-al-Hassaneh accounts in I.R.Rials.
No interest will be paid to current Qarz-al-Hassaneh accounts in foreign currencies.

Requirements to open account:
For Individuals:

• Being at least 18 years old
• Having no bad check, upon inquiring Central Bank of I.R.Iran
• Collecting information on the working and residential place of the customer
For Legal Entities:
• Collecting information on the location and the financial status of the company and of its managers
• Having no bad check, upon inquiring Central Bank of I.R.Iran
• The original and copies of the title deeds or lease contract of the company
• Specifying the place of residence (stipulated in the company's articles of association)
• Introducing a recommender, reliable to the bank
• Business authorization card

2- Saving Qarz-al-Hassaneh Account
All qualified Iranian and foreign individuals and legal entities can open both individual and joint saving Qarz-al-Hassaneh accounts in foreign currencies, while meeting the general and specific requirements of opening accounts in I.R.Rials.
Saving Qarz-al-Hassaneh accounts can be opened in any acceptable currency.
No interest will be paid to the balance of saving Qarz-al-Hassaneh accounts.
The minimum balance to open such accounts is USD 100 or its equivalent in other valid currencies.

The required terms and conditions and necessary documents to open account:
• Being at least 12 years old
• The original and the copy of Id and National card
• Filled-in application form for opening saving Qarz-al-Hassaneh Accounts
• 2 photos (for the illiterates)

3- Time Investment Account
All qualified Iranian and foreign individuals and legal entities can open both individual and joint time investment accounts in foreign currencies, while meeting the general and specific requirements of opening accounts in I.R.Rials.
Time investment accounts can be opened in any acceptable currency.
The period for time investment account should not be less than one month and more than one year.
Interest will be paid to such accounts based on international rates.