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Terms & Conditions
Al Tajer | Terms & Conditions
- Al Tajer Business Account is a current account offered to individuals and non-individuals
- The minimum account opening balance is KD 500.
- Al Tajer Business Account offers two (2) packages for individuals and non-individuals: Al Tajer and Al Tajer Plus with each package serving exceptional benefits and features.
- Individuals and non-individuals are mandated to avail a POS terminal as part of Al Tajer Business Account.
- Only one Al Tajer Business Account can be opened per customer
- Individuals and non-individuals must maintain a minimum monthly average balance of KD 5,000 (Five Thousand Kuwaiti Dinars) for Al Tajer and KD 50,000 (Fifty Thousand Kuwaiti Dinars) for Al Tajer Plus to benefit from the offer.
- Below are the stated benefits for the packages.
Al Tajer Plus | Al Tajer |
Personalized debit card | Personalized debit card |
Free Mastercard Gold credit card (for life) | Free Mastercard Gold credit card (for life) |
Free monthly account statement | Free monthly account statement |
Special monthly interest rate | - |
Free monthly local and international telex transfers | - |
Free monthly chequebook | - |
Free monthly certified cheque | - |
- To receive the monthly interest rate, individuals and nonindividuals must maintain a monthly balance between KD 50,000 (fifty thousand Kuwaiti Dinars) to KD 150,000 (one hundred and fifty thousand Kuwaiti Dinars).
- Individuals and non-individuals who do not adhere to Al Tajer Plus conditions will be systematically downgraded within 3 (three) months and will no longer be eligible to Al Tajer Plus benefits.
- ABK reserves the right to stop, cancel, or change the aforementioned offer/promotion/benefits without stating the reasons and without holding any financial or emotional responsibilities pertaining to the customer.
- All other related ABK Terms and Conditions apply to this package.
- Customer acknowledges and accepts the above terms and conditions and confirms receiving a receipt of a copy.
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