QIB Savings Account Requirements, QIB Bank - 23 April
For those who have been wondering about the "QIB savings account requirements," here is a guide.
Savings are an important part of planning a better financial life, so here are the requirements for those who want to open a savings account with Qatar Islamic Bank.
Though the QIB wishes to continue expanding its customer network through its products and devices such as account opening or investment instruments, it does so under strict supervision.
Individuals must first meet the eligibility requirements and eligibility mark before they can use these services.
This is why, if you want to open a Qatar Islamic Bank savings account, you must first understand the requirements.
QIB SAVINGS ACCOUNT REQUIREMENTS
Below are the requirements for a QIB savings account:
1. Proof of identity: The applicant must submit a valid identification document with his or her picture, such as an Emirate ID (for locals), a passport, or a residence visa (for foreigners).
2. Proof of residential address: provide a recent utility bill, lease agreement, internet bill, or any other document containing your home address.
3. Fill out the account opening form
4. Complete the signature card form.
5. Employment verification (if applicable)
6. A minimum initial deposit of QR 2,000 for locals and QR 20,000 for foreigners, respectively.
The QIN savings account is open to people of all ages.
QIB SAVINGS ACCOUNT REQUIREMENTS FOR A CHILD
Here are the requirements for establishing a Qatar Islamic Bank savings account for your child:
1. Identity proof: The parent/guardian can provide a valid ID or passport for himself/herself, as well as a birth certificate for the child, as proof of identity.
2. Current residential address
4. Fill out the recommended Minors application form.
5. A minimum opening balance of QR 5000 is required.
DIFFERENCE BETWEEN SAVINGS AND JOINT ACCOUNT
The savings and joint accounts serve the same purpose and thus color financial operations; the main difference is the number of applicants.
A joint account requires two people who have agreed to have an account for reasons best known to them, whereas a savings account only requires one person to register and operate.
Contact the QIB customer service center at (+974)- 440 20888 or send an email to info@qib.com.qa if you have any questions or need assistance.
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