Afghanistan Banks Association

د افغانستان د بانکونو ټولنه
Afghanistan Banks Association
Voice of The Banks

Afghanistan Banks Association

Updated on 09-Aug-2014

Azizi Bank provides the following services and products:



• Savings/ Current in Afghani, USD, Euro & GBP,
• Term Deposits in Afghani & USD
• Salary accounts with “Zero Balance Facility”.
• Money exchange /Treasury services.
• Collection of Cheques, Instruments, Bills, Documents.
• Issuance of Pay order / Cash order / Bankers’ cheque.
• Local and international (USD/Euro/GBP/AED/TRY/INR) remittance facilities.
• Fund-based (Term/Working capital Loans) and Non-fund based facilities e.g. Letters of Credit and Financial/Performance Guarantees for Trade and Industry.
• Fast and Easy transfer of funds through Western Union Money Transfer Services.
• Speed Remittance facility to remit in Indian Rupees to any Bank A/C in India.
• SWIFT remittance facility.
• Internet Banking
• Mobile/SMS Banking
• Push SMS Facility: alert for each transaction
• ATMs: Free ATM Cards to withdraw cash 24x7.
• Biometric System: Finger Print Recognition.
• Master Credit Card, Master Prepaid
• M-Paisa- Powered by Roshan: Mobile Money Transfer
• Brishna Electricity Bill Collection
• Master Card: Debit (Coming soon)
• PoS Terminals: (Coming soon)

Special Features


• No account opening charges
• No account maintenance charges
• Free statement of account
• Free collection of local cheques
• Zero Balance Salary Accounts
• No charges for deposit/ withdrawal of Foreign Currency
• Nominal Remittances charges
• Free ATM Card


->Salary Accounts:


Salary accounts are Saving Salary Bank Accounts used for salary disbursement of employees for different organizations. Salary Accounts can be opened for government and non-government organizations.

->Fixed Deposit:


Fixed Deposit accounts offer bigger returns on your money. Returns can be as high as 6.50% interest per annum. Below are some features of the Scheme:
• MBFD - Multi Benefit Fixed Deposits (Where money grows faster)
• Easy FD - Easy Fixed Deposits (Income/Benefit at monthly intervals at higher rate)

->Saving Accounts:


Savings Account is most suitable for individuals to save their earnings, make higher interest and have access to their funds any time. Here are some more details about this product:
• The account may be opened by Individuals / Societies / NGOs
• Accounts can be opened in the name of Minor above 12 years
• Accounts can be opened in the name of Minor below 12 years with guardian.
• No charges for opening of the account / No Maintenance charges.
• No charges for deposit and withdrawal.
• Minimum balance Afs 1,000/USD 100/EURO 100/GBP 100
• Interest is payable quarterly at the end of each quarter March, June, September & December No Cheque Book Facility. For checkbook facility, customers can open current accounts
• Account and link to Savings account (Auto Sweep facility).
• Cheque Collection facility available.
• Self-withdrawal available without Cheque book.
• The Scheme is suitable for all (except companies) with the facility to deposit and withdraw at any time and earn profit too.
• On savings accounts interest is payable on the minimum balance between 10th and Last day of the month.
• In savings, interest will be credited on the last day of the month.
• No new GPB & Euro accounts will be opened

->Current Account:


Current Account is the most flexible and simplified banking facility that the Azizi Bank provides. Customers can withdraw or deposit at any time at any of our branches.
Here are some features of the current account:
The current account maybe opened by Individuals, Firms, Corporate, NGOs, Embassies.
• Initial Deposit and Minimum balance for Corporate accounts: Afs 10,000/ USD 300/ EURO 300/ GBP 300.
• Initial Deposit/ Minimum balance for Individuals -Afs 1,000 /USD 100/EURO 100/GBP100.
• No limit on Deposits or Withdrawals.
• No charges for opening of the account/ No Maintenance charges.
• No charges for deposit and withdrawal.
• Cheque Book Facility available at nominal charges (Afs 250/USD 5 for 25 leaves).
Cheque/Bills Collection facility available Suitable for businesses, firms, and individuals who need instance access to their money and seek dynamic banking facilities without demand for interests, Internet banking facility is also available.

->ATM:


Azizi Bank has started its ATM channels across Afghanistan. Our ATMs are of the highest standard fulfilling all your banking needs.
ATM is providing you the facility to withdraw cash through your ATM/Debit Card at your convenience.

->Mobile Banking:


Azizi Bank is proud to launch Mobile Banking Facility for its valued customers popularly known as "Banking while on the move" or Mobile Banking. Azizi Bank has been bringing innovative banking ideas for its customers and Mobile Banking is one of them.

->SWIFT:


SWIFT -The Society for Worldwide Interbank Financial Telecommunication ('SWIFT') runs a worldwide network by which messages concerning financial transactions are exchanged among member banks and Financial Institutions.
Azizi Bank as a member of SWIFT community provides the facility of safe and secure Money transfers / Receive / Send money from / to any part of the world at nominal charges.

->Credit Facilities:


Azizi Bank plays an important role in the development of the Afghan economy. We began providing credit facilities to our local Afghans since day one of start of the Bank.
Fund Based Facilities for working capital needs:
• Azizi Bank provides Credit facilities for Business activities for their working Capital needs after assessing the Financials of the company.
Non Fund Based Facilities (LC & BGs)
• We Provide Non-fund based facilities e.g. Letters of Credit and Financial and Performance Guarantees for Trade and Industry
• For availing Loans or Bank Guarantees/ Letters of Credits the Prospective Borrowers / Customers are required to submit full details of the project/their activity along with their Financial Statements, Business License.
• There is no processing fee for any loan facilities and for issuing of Bank Guarantee and Letters of credit.
• Our service charges are nominal and very competitive.

->Western Union:


• Western Union is a global leader in money transfer services.
• For more than 150 years, Western Union has been connecting people.
• Helps consumers and businesses send money and bill payments quickly and reliably in just few minutes
• Offers services through more than 320,000 Agent locations in more than 200 countries and territories around the world
• Azizi Bank provides international funds transfer from any part of the world through Western Union Money Transfer Services
• Domestic Transfers now you can send and receive the money to anywhere in Afghanistan
• You can receive and send the money from any Azizi Bank Branch in matter of seconds
• It is not necessary for the sender or recipient to have bank accounts

->Internet Banking:


Azizi bank brings banking on your Finger Tips…. Stay connected to your bank account at all times from the comfort of your Laptop/Desktop through bank’s Internet banking facility. This facility is available free of cost to all our customers. Following features are available on Azizi bank Net banking:
• View Operative Account summary/balance
• View Loan Account summary/balance
• View account statements
• View Forex Rates
• View Branch details
• Information on bank product and services including interest rates