AL Habib Forex Current Account
The AL Habib Forex Current Account can be opened with US Dollar, Pound Sterling and Euro.
Key Features (Applicable to Pakistan based accounts only)
- No Minimum Balance.
- Free Life Insurance**.
- Free SMS Alerts (On Transactions Equivalent to Rs. 25,000 & Above).
- Free Cheque Book.
- Free Cash Handling.
- Free Collection of Outward Foreign Cheques.
- Free Remittances (Three Per Month).
- Free E-Statements / Internet Banking.
- Upto 90% Financing in Pak Rupees.
**Free Life Insurance Coverage for customers with following eligibility criteria:
- Claims Payable in Pak Rupees on the Basis of 90 Days of Average Balance in Customer Account.
- New Accounts Eligible After 90 Days of Opening of Account.
- Maximum Claim Payable on Accidental Death - Equivalent to Rs. 2 Million.
- Maximum Claim Payable on Natural Death / Permanent Disability - Equivalent to Rs. 1 Million.
- In Case of Joint Account, Any One of the Account-holders will be covered.
- Admissible Age Limit for Claim - 18 to 60 Years.