Accounts

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.