Opening a Savings Account
Last updated July 23, 2024
Starting a savings journey is an important step towards achieving your financial goals. Arab National Bank (ANB) offers a variety of savings accounts to suit different needs. This guide provides a simple and comprehensive overview of the process of opening a savings account with ANB.
Opening a Savings Account with ANB
Here's a step-by-step guide to open a savings account with ANB:
- Choose a Savings Account Type: ANB offers various savings account options like the "Al Waseet Savings Account," the "Al Raedah Savings Account," and "Al Aman Savings Account." Explore the features and benefits of each account type on the ANB website or visit a branch to discuss your individual needs with a representative.
- Gather Necessary Documents: Make sure you have the following documents prepared:
- Valid ID (Saudi National ID or Residency Permit)
- Proof of Address (utility bill or bank statement)
- Mobile Number
- Visit a Branch or Open Online: You can open a savings account either by visiting an ANB branch or by completing the application process online. When visiting a branch, a customer service representative will guide you through the process. To open an account online, you will need to fill out the application form and provide the required documents.
- Fund Your Account: After completing the account opening process, you can deposit funds into your savings account online or at an ATM.
- Maintain Minimum Balance: Note that some savings accounts may have a minimum balance requirement. Refer to the specific account details for more information.
Once your account is successfully opened, you will receive confirmation through your registered mobile number. You can then access your account online or through the ANB mobile app. Keep your account details and login information secure to protect your funds.
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