| Minimum Balance | Annual Fee | Internet Banking | Features | |
|---|---|---|---|---|
Warba Bank's Current Account
|
Minimum Balance: KWD 0 | Annual Fee: KWD 0 | Internet Banking: No | Features: Islamic Banking, Free Cheque Book, No Salary Transfer, Current Account, Vouchers Card, Islamic Finance |
Warba Bank's Current Account offers cheque book facility to organize your payments and facilitate your business.
Warba Bank Current Account Features:
Warba Bank Current Account Features:
- Specially designed MasterCard ATM with smart chip
- Cheque Book
- Maximum daily ATM cash withdrawal limit of KWD 2,000 and KWD 5,000 for Safwa customers
- Cash deposit via Warba Bank ATM machines
- Domestic & international shopping via POS
- Domestic & international SMS service
- Free internet banking
** 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.
