:Basic Bank Account
It is a Jordanian resident bank account in JD currency with special terms and privileges targeting the individuals who are legally competent to deal with banks and do not have any bank accounts at any of the operating banks in Jordan and they wish to make bank transactions within limits and costs that fit with their income and conditions, provided that the account balance should not exceed 700 Jordanian dinars.
Important Note : This account should be opened from any of our branches. This account’s terms and features do not apply on digitally on-boarded accounts via Arabi Mobile application.
Required Documents to open the Basic Bank Account:
1. A Valid Civil ID / Military ID (In case of a military person).
2. In case of Power of Attorney (POA): A certified copy of a valid POA in addition to all documents referred to for both agent and Client.
3. For Clients with special needs: a diagnostic medical report showing disability type and degree /or the Identification Card issued by the Higher Council for the Rights of Persons with Disabilities.
Main Services of the Basic Bank account:
- Cash withdrawals & Deposits.
- Cheques Deposits.
- Inward/ Outward Transfers.
- ATM Card.
- E- Channels Services: SMS, Arabi Online, Arabi mobile Application andE-statement.
- Bank Certificates Issuance.
- Account Statement.
Unavailable services for Basic Bank Accounts:
1. Credit facilities.
2. Cheque books.
3. Credit cards.
4. Credit interests or special prizes.
General Terms and Conditions of the Basic Bank Account:
1. No minimum balance to the basic account
2. Client should provide the Bank with an undertaking to inform the Bank in case of opening an account other than the basic account at any other bank.
3. In case the Client receives frequent transfers for more than 6 months leading to exceeding the set limit, the Bank has the right to change the basic account into a normal account.
4. In the event that there are other bank accounts or transactions for the Client, the Bank is entitled to charge the Client for all commissions and fees from which the customer was previously exempted, provided that the Bank notifies the Client..
5. If there is a balance in the Client’s account without withdrawals or deposits on the account and the account holder could not be reached within a period of more than 6 months,, the account will be subject to terms & conditions of the dormant accounts.
6. The Bank is entitled to close the Basic Account in the following cases:
A- The Client provides the Bank with false or misleading information.
B- The existence of another bank account for the Client either before or after opening the basic account.
C - The Client did not comply with the terms and conditions of the account.
D – If there is no withdrawal or deposit on the account and the balance of the Client's account is zero and the account holder cannot be reached within a period of more than 6 months.
Commissions and Limits for Basic Bank Accounts
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Commissions or Fees
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Limits
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Services
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No issuance commission or monthly banking commission
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ATM Debit Card
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No commission with 500 fils for each deposit after exceeding the maximum number of transactions
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With a ceiling of 350 JD per operation - a maximum of two operations during the month
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Cash / Cheque Deposits through branches
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With the same commissions from other types of accounts
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Inward / Outward Transfers within limits of transactions & account balance
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Bank Transfer
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No commissions
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Inward Transfers from the Royal Court, National Aid Fund , Government /Military entity, International Aid Institution accredited to the Ministry of Social Development
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No commissions
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No limits for transactions
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Cash Deposits through ATM
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No commission with 500 fils for each withdrawal after exceeding the maximum number of operations
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According to the available balance , limited up to two transactions monthly
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Cash Withdrawals through Branches
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No commissions except for the set commissions in case using other banks ATMs.
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According to the available balance and no limits on numbers of transactions
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Cash Withdrawal through ATM
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With the same commissions cut from other types of accounts according to the instructions
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According to the available balance and no limits on numbers the transactions
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Arabi Online
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In Jordanian dinars and without a minimum and a ceiling of 700 JD
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The Balance
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