Alinma Bank - Family Account :
Your family means everything to you, and their financial needs are always on your mind. We are, therefore, pleased to introduce the Alinma Family Account, a new banking option that allows you to open separate sub-accounts (savings & current) for your spouse or children. It is linked to your main account, but managed by you, giving you the flexibility to control and monitor your family’s financial activities.
There is no need to visit a branch, and no administrative fees are applied. Simply register online using Alinma Internet. The Family Account gives you full financial control, helps your family save, and educates them about financial responsibility.
Minimum Balance
SAR 0
Minimum Salary
Opening Balance
Annual Rate
Monthly Fee
No
Eligibility:
• Service is available for both Saudi & non-Saudi customers.
• All immediate family members are eligible (spouse and children.
Benefits:
• Ability to open more than one savings and/or current account for each family member.
• No fees.
• No branch visits.
• Ability to open sub-accounts (savings and current) for family members via Alinma Internet without the need to visit a branch.
• Ability to issue Alinma mada cards for each family member and to set separate withdrawal and purchase limits.
• Ability to grant and manage online access to accounts for each family member through Alinma Internet.
• Monthly account e-statements (optional).
• SMS alerts for account transactions.
• Ability to easily set transfer and payment limits for each family member.
• Ability to conveniently monitor accounts using account nicknames of your choice.
• A way to encourage children to save for the future through Kids Savings and to educate them on the proper use of banking services.