| Minimum Balance | Annual Fee | Internet Banking | Features | |
|---|---|---|---|---|
Burgan Bank Current Account
|
Minimum Balance: KWD 100 | Annual Fee: KWD 0 | Internet Banking: No | Features: Free Cheque Book, Free Monthly Statements, Multiple Currencies, No Salary Transfer, Deposit Multiple Currencies, Bank Statement |
Burgan Bank’s non-interest bearing Current Account gives you flexible access to your funds, with no restriction on the number of transactions or amounts withdrawn per day. Manage your finances whenever and however you need using your ATM card or cheque book, any number of times, plus enjoy the full range of Burgan Bank support services.
Burgan Bank Current Account Features:
Burgan Bank Current Account Features:
- Available for both individuals and companies
- Minimum opening deposit and minimum monthly balance of KWD 100
- Hold your money in Kuwaiti Dinars or any other major currency
- Access to overdraft facilities
- First cheque-book is provided free of charge
- Statements issued on a monthly basis and upon request
** Calculator Definitions
Amount:
The total amount of money borrowed, also referred to as the principal amount.
Rate (%):
This is the annual interest rate on the product which is equivalent to APR, which is going to be calculated in this example.
Years:
This is the original term or length of the product, stated in years.
Effective Monthly Payment:
This is the effective monthly payment, which takes into consideration fees and other costs associated with this product. The effective monthly payment is the basis for the APR calculation.
Calculated Annual Percentage Rate (%):
The Calculated Annual Percentage Rate (APR) is determined using the annual interest rate of the product plus fees and other costs. This rate may differ from bank to bank. APR is useful when comparing two or more products with different interest rates and fee structures.
