Second Revelation (Surah al-Nisa, verse 161): "And for their taking interest even though it was forbidden for them, and their wrongful appropriation of other peoples' property. We have prepared for those among them who reject faith a grievous punishment. (4: 161)"
UBL Ameen Business Account is a Mudarabah based Investment Account which aims at providing the necessary tools to individuals and corporate customers to transact their entire business activities in an easy manner across Pakistan. The product is a viable alternative for those account holders who require value added benefits on Current Account to support their business activities.
Key Benefits & Salient Features:
Account can be opened with Rs 100/-
Nominal profit calculated on monthly average balance and paid half yearly.
The following facilities will be provided FREE of charge if an monthly average balance of Rs 100,000/- is maintained in the account.
Online Transactions country wide .
Ameen Visa Debit Card (Gold).
Cheque Book Issuance.
Issuance of Cashier’s Cheque / Pay order.
Receipt of Over the counter cash deposit.
Cancellation of Cashier’s Cheque / Pay order.
Cheque Return unpaid.
Clean Bill for Collection.
SMS Service ( upon availability).
Duplicate Cashier’s Cheque/ Pay order.
Duplicate Account Statement.
Other Benefits:
Access to your funds through Online network of over 900 branches and 458 ATMs of UBL across Pakistan.
Unlimited number of transactions.
Free e-statement facility.
Net Banking facility.
24/7 Contact Center facility.
Other Information:
All Government taxes and levies for services offered, whether free or charged as per Schedule of Charges, will be recovered from the account holders.
Monthly average balances will be reviewed every month. In case prescribed monthly average balanceis not maintained for three consecutive months, the bank reserves the right to close the account and send intimation to the account holder at address on bank’s record.
In the event of loss, the account holders will bear the same according to the ratio of their investments.