Demand deposit for individuals and corporates through which you can deposit and withdraw cash, send and receive local and international transfers.  

Features:

• Shariah-compliant.
• Confidentiality;
• Subscription of two or three people to one account;
• Available for citizens, residents, and immigrants;  
• Opening an account without fees;
• Available in currencies (Kuwaiti Dinar, Saudi Riyal, USD, Euro, GBP);
• Making internal and external transfers;
• Withdrawals 24 hours, 7 days; 
• Conducting all basic banking transactions (opening credits, letters of guarantee, documentary credits, Murabaha);
• Obtaining Warba Finance & Dev Bank ATM card;
• Suitable to receive the profits of the Warba Finance & Dev Bank investing deposits;
• Obtaining a checkbook;
• Obtaining a detailed statement of all the movements made on the account;
• Disbursing checks from any Warba Finance & Dev Bank branch without visiting the branch where the check is issued; and
• Managing your account from any Warba Finance & Dev Bank branch, without visiting the branch where the account was opened.

Current Account Opening Requirements:

• Please visit the nearest Warba Finance & Dev Bank branch to fill in and sign the Warba Finance & Dev Bank account opening form, with submitting the following documents: 
• An official letter from (company/institution) to open the account, including the names of those authorized to manage the account.
• A copy of a valid commercial register along with the original for matching. 
• A valid profession license along with the original for matching.  
• A copy of ID card (personal / family) or a valid passport for individuals authorized to manage the account along with the original for matching. 
• A copy of the statutes of the (company/institution) with a limited liability, certified by the competent official authorities.
• A copy of the memorandum of association (company/institution), certified by the competent official authorities.
• The minimum limit for opening an account is 50,000 KWD, 2000 SR, 250 USD, or the corresponding amount in Euro or GBP.
• Filling in the account opening application form.

Returns:

• Current account balances have no returns. 
• Profit or loss sharing is not allowed.