Name of the Organization : BBAC Bank
Type of Facility : Term Deposit Account Opening Procedure
Country : Lebanon
Website : http://www.bbacbank.com/banking/personal/account/term-deposit-account-lebanon
Term Deposit Account Account Opening Procedure :
The Term Deposit Account from BBAC is the ideal solution for the saver who is looking to invest his surplus money in a secure investment with a high return.
Related : BBAC Bank Phone Banking Lebanon : www.statusin.org/5820.html
This account offers you the security of earning a fixed rate of interest on your savings over a fixed term thus allowing you to plan your finances with certainty.
What do I need to know about the Term Deposit Account?:
** It is an account that allows you to allocate a certain amount of money for a specified maturity. It requires that the money be left in the account until the maturity date, that is withdrawals and deposits can be made only at maturity date.
** It offers highly competitive interest rates that vary depending on the terms and the deposited amount and which are paid upon maturity. With a fixed rate of interest for the term of your investment you know exactly how much interest you will earn on your investment, regardless of how interest rates may fluctuate in the market.
** It is available in all major currencies.
What benefits does the Account offer?:
Minimal fee on the account.
Free Online Banking for 24/7 real-time access to the account through the Internet.
What is the next step?:
Visit any of the BBAC branches, where the customer service representatives are ready to provide assistance.
Savings Account :
Whether you are planning for the future or want to set aside money for unexpected expenses, the Savings Account from BBAC offers a secure method of saving funds, while at the same time, allows easy access to them.
What do you need to know about the Savings Account?
** It is an account that offers you a convenient way to save with the opportunity to earn higher interest rates as your balance increases
** The account is available in Lebanese Pounds, US Dollars and other major currencies
What benefits does the Account offer?
** Highly competitive interest rates
** Online Banking for a convenient access to the account around the clock
About Us :
Bank of Beirut and the Arab Countries (BBAC) traces its origins to an alliance forged in 1956 between three prominent investment magnets, the late Toufic Assaf – entrepreneur, industrialist and politician, the late Nashaat Sheikhelard – financier and businessman, and the late Jamal Shehaiber – financier and trader, when the three partners recognized Lebanon’s need for a different kind of banking services and practices.
The bank is registered on the Beirut Commercial Registry under number 6196 and on the Lebanese List of Banks as number 28.
Contact Us :
Bank of Beirut and the Arab Countries (BBAC)
250 Clemenceau Street,
BBAC s.a.l. Building,
Beirut – Lebanon