Duration
open
Minimum Amount
Minimum amount of SAR 50,000 or equivalent in foreign currencies
Annual Interest Rate
Interest Payment frequency
Time Deposits (Local Currency)
Banque Saudi Fransi - Time Deposit
Requirements
A valid ID.
Fill in the current account opening form.
Fill in the term deposit application.
Features:
The term deposit enables you to save your money for a specified period as a growing deposit
Benefits:
A profit rate higher than other accounts.
Guaranteed rate of return.
Minimum amount of SAR 50,000 or equivalent in foreign currencies
Various possible terms and the option of extending the term on maturity
No maximum amount.
Account in Saudi Riyals or foreign currencies.
Two business days’ notice to prevent account rollover.
Authorized Letter of Credit (LC) and Letter of Guarantee (LG) facilities.
*Profit margin depends on the treasury.