Forsa Deposit in US Dollars
Service Definition
Forsa Deposit in Foreign Currencies is a distinguished investment term account that allows Cham Bank customers, including individuals and companies, to invest their savings in foreign currencies (the Dollar and its equivalent) and achieve rewarding financial returns, where the customer appoints the bank to invest these funds on the basis of an absolute agency (Wakala) contract.
Key Features of the Deposit
Progressive and rewarding returns: Your profit percentage and investment returns increase automatically the higher the value of your deposit or the longer its linking duration in the bank.
Flexible options for terms: Complete flexibility in choosing the time duration that suits your aspirations and financial plans to link the deposit (one month, 3 months, 6 months, or a full year).
Full investment percentage: Your funds in the deposit are invested at a percentage of 100% to ensure achieving the best possible returns from the investment growth movement.
Flexible linking limits for brackets: Investment limits start from a minimum of $10,000 and reach up to $250,000 (or their equivalent in other foreign currencies) per single customer.