Shehadty CDs in foreign currencies

Shehadty CDs (USD, EUR, GBP)

QNB ALAHLI offers you a variety of medium-term certificates of Deposit in foreign currencies, with competitive interest rates that allow you to maximize your savings.

Benefits:

  • Offered to individual and corporate clients
  • Fixed or floating competitive return on your savings throughout the CD duration
  • Ability to issue several CDs with different amounts, as there are no restrictions on the maximum number or amount of CDs
  • Ability to inquire on your CDs through QNB ALAHLI Electronic banking services
  • Possibility of obtaining credit facilities against your CD, with the same CD currency
  • Ability to break the certificate of deposit after 6 months from its issuance date according to the announced breaking schedule

Features:

  • Available in major foreign currencies (USD, EUR and GBP)

CDs Duration:

  • Fixed Shehadty CDs in USD: 3,5& 7 years
  • Fixed Shehadty CDs in EUR & GBP: 3 & 5 years
  • Floating Shehadty CDs in USD only: 3 years

Interest Payment Frequency:

  • Fixed CDs: monthly, quarterly, semi-annually and annually
  • Floating CDs: monthly and quarterly basis

Client must have a valid current, checking, or savings account in the same currency of the CD currency

Minimum issuance balance:

  • Fixed CDs for individuals and corporate clients: 1,000 USD, EUR, GBP
  • Floating CDs for individual clients: 1,000 USD and USD 5,000 for corporate clients

 

 

Terms and conditions apply

To apply, e-mail us on Retail.apply@qnbalahli.com and a bank representative will contact you shortly

For more information, please call 19700 or visit nearest branch

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