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Time Deposit Account

Introduction

This is a special, no-risk investment account that is offered in various currencies. The minimum opening deposit for a Time Deposit Account is SAR 100,000. There is no maximum amount, and the length of investment period varies depending on the amount invested. You can have the short time which is SR 1 Million or more for 1 week or longer or less then 1 Million for 4 week minimum The rate of commission varies but is highly competitive. There are various maturity options available such as full settlement, full renewal, increased renewal or partial renewal.

 

 
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