Forsa Deposit in Syrian Pounds
An investment term account offered to all Cham Bank customers, especially individuals and companies, which entitles the depositor to invest their funds with competitive returns that match the amount and duration, where the customer appoints the bank to invest these funds on the basis of an absolute agency (Wakala) contract.
Key Features of the Deposit
Benefiting from all features of the profit distribution account (current or savings).
Different terms (1 month / 3 months / 6 months / 12 months / 24 months).
Automatic renewal based on the customer's request for the same period without the need to visit the bank.
Withdrawal from this account takes place on the day following the maturity date (unless otherwise approved by the bank under conditions determined according to the case).
The minimum amount for the deposit is 500,000 Syrian Pounds, with a maximum of 10,000,000 Syrian Pounds per single customer.
The account is entitled to profits after the maturity date, and they are transferred to the profit account according to the policy approved by the bank and announced in the branches and on the website.
The investment percentage is 100%.
The customer receives a profit according to the application submitted by them based on the profits of the investment process, according to the bank's approved procedures.