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The expected time deposit returns shall be deposited monthly or at maturity or as per customer’s preference in the account selected in the certificate, and the time deposit shall be renewed automatically at the same tenor unless the bank has been notified otherwise prior to the date of maturity.4.

The agreed deposit term is an essential condition binding on the customer who shall not be entitled to request the termination of the deposit before maturity without having Warba Bank’s approval.5.

In case Warba Bank agrees to terminate the deposit before the expiry date of the agreed upon period, it shall be subject to the following conditions:6.

Warba Bank shall have the right to reject opening or accepting deposits without giving any reason.

We believe that the prudent management of money could stem from the understanding of financial responsibilities at a very early age.

Last modified 07-Sep-2019 15:34