What are the advantages of opening an investment account?
The investment account gives you many advantages such as:
1. Easy to manage account, it is designed for trading and refund operations.
2. Dividends are added to the investment account.
3. Bid services.
4. The possibility of transferring from the current account to an investment account or vice versa, and immediately even out of market time.
Are there any payment fees to open an investment account?
No, there is no fees.
Do I have to deposit money to open the account?
No, not necessarily.
What are the requirements for activating the investment account?
By visiting our website and filling out an open investment form and attach a copy of your ID card.
How long does it take to activate the investment account?
Activation is effected immediately upon completion of statutory requirements and documents.
Is it possible to execute the subscription transactions through the investment account?
Unfortunately this is not currently available, however, the subscription is available through the current account at Al Shamil Bank.
What is an investment account?
Is a personal account for the management and allocation of funds for investment shows, through which (discount / addition) all the investment operations, which include the sale of shares in addition to the participation in investment funds with Al Shamil Bank.
How are funds transferred to the investment account?
This is done by transferring money from your bank account to the investment account using bank branches or ATMs.
Is there a maximum amount that can be transferred to the current account?
You can not set a limit for conversions, you can transfer a portion of the balance or balance from the investment account to the current account.
Can I withdraw money from the investment account?
No, it is not possible to do so because these calculations are designed to carry out investment operations only. to withdraw the money you have to transfer the money to your bank account and then withdraw the amount you want.
How is the trading commission calculated?
0.155% of the value of shares traded is deducted from the value of shares traded.
What are the trading options on Al Shamil Bank?
We offer for you a number of options:
1. Online trading through the Al Shamil Bank website.
2. Applications and programs of the private Al Shamil Bank in trading through mobile.
3. Trading through electronic channels such as interactive telephone and ATMs.
4. Trading directly through intermediaries or Al Shamil Bank centers.
Is there a minimum level of trading in international stocks?
No, we do not unify our minimum.
Are there annual service fees related to the international equity portfolio or investment account?
No, there are no annual fees.