Quds Investment:-
Quds Bank offers investment program “Quds for investment” which grants a real opportunity for investment.
The account may be opened in the following currencies:
1) US Dollar.
2) Jordanian Dinar.
3) Israeli Shekel.
4) Any other main currencies in Palestine.
Program features:
- The interest rate is set on a monthly basis according to the market rate.
- Possibility of withdrawing from the account three times a month yet preserving the declared interest rate.
- Monthly, quarterly and biannual prizes.
- The account shall not go overdrawn in any circumstances.
- Interests are calculated based on the account’s daily balance; the interest is added to the balance at the end of each month.
Opening “Quds investment” account is subject to both the general terms and conditions of opening accounts in Quds Bank and the special terms and conditions of opening “Quds investment” account.
TERMS AND CONDITIONS:
1. The account must be opened in US dollars with a minimum of US $100, or 500 JD, or 3000 NIS.
2. The interest rate is defined on monthly basis according to the market rate, regardless if the rate decreases, increases or remains stable.
3. The customer may withdraw from the account three times a month yet preserving the declared interest rate.
4. Interest is calculated at the end of the day based on the final balance that can be withdrawn, and it is added to the account balance at the end of the month.
5. If the account balance becomes less than the allowed minimum balance or if the number of withdrawals exceeds the maximum number of allowed withdrawals, the normal saving interest rate is to be calculated.
6. An account statement will be issued monthly; it will show all the entries that were registered on the account, including the paid interest rate and the average interest rate for the same month. These terms and conditions act as a main and integral part of the application signed by the applicant for opening the account at Quds Bank, in all its branches.