Shaatir Savings Account

1. The profit on the Shaatir Savings Account is paid based on the profit announced on a quarterly basis.
2. The profit is calculated based on the average monthly balance in the account.
3. No profit is calculated for a month, if the minimum balance during the month drops below AED 1,000/-
4. No profit is calculated for a month if there is more than 1 withdrawal transaction done per month (Teller & Electronic Channels).
5. In this case the account shall be treated as a current account and will not be entitled to participate in the generated profits.

Look forward to stress-free documentation and higher expected profits especially for our youngest customers, along with a selection of other banking benefits.

Opened in your child's name, the Shaatir Account comes with a welcome pack and Debit card, starting them on the fun and educational journey of money management.