Standard Savings Account

We have designed the Saving Account to fulfil your saving needs flexibly and safely to allow you to make halal profit, calculated by the bank on quarterly basis, in accordance with Islamic Sharia teachings.

Standard Savings Account Features

100 JD account-opening balance

Rewarding returns

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Minimal Amount
Currency Type
Dividend Distribution

Minimal Amount

200 Jordanian dinar or equivalent in foreign currencies

Currency Type

Jordanian dinar, US dollar, euro, pound sterling or other currencies recognized by the Treasury

Dividend Distribution

No revenues are granted for this type of accounts

Minimal Amount

100 Jordanian dinars or equivalent in foreign currencies

Currency Type

Jordanian dinar, US dollar, euro, pound sterling

Dividend Distribution

Revenues disbursed on a quarterly basis

Minimal Amount

3,000 Jordanian dinars, 5,000 US dollars or equivalent in foreign currencies

Currency Type

Jordanian dinar, US dollar

Dividend Distribution

Revenues are disbursed on a quarterly basis or when the deposit reaches maturity

Minimal Amount

1,000 Jordanian dinar and multiples, in accordance with each issuance’s features

Currency Type

Jordanian dinar, US dollar or any other previously identified major currency

Dividend Distribution

Revenues disbursed on a quarterly basis

Terms and Conditions

  • Minimum age: 18 years.
  • Free withdrawals and deposits are allowed at any time, provided that withdrawals do not exceed four (4) per month.
  • Periodic returns are added to the savings account.
  • Exceeding four (4) withdrawals in a month disqualifies the account from earning returns for that month.
  • Minimum opening balance: 100 Jordanian dinars (or equivalent in foreign currencies). Accounts with a balance below 100 dinars are subject to a 1-dinar low balance fee per month.
  • Accounts become dormant after two years of inactivity (no withdrawals or deposits). A dormant account incurs a 2-dinar monthly fee, with a maximum of 6 dinars across all accounts.
  • No checkbook is issued.

Required Documents

  • A valid identification document (civil status ID, passport, military ID/appointment certificate, Gazan ID, non-Jordanian children of Jordanian mothers ID, service card for the Syrian community).
  • A document proving residency and a work permit (for non-Jordanians).
  • A proof of address (a copy of the lease contract or public utility bills or apartment title deed).
  • A proof of employer (salary certificate or employee card).

*Subject to Bank Terms and Conditions

Welcome Safwa Bank clients

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