SBYB offers savings accounts to individuals, enabling them to save money, fulfill their desires, participate in investments, and obtain financial returns in accordance with the Islamic Sharia.
Savings Account Benefits:
- An account can be opened in local currency and all other foreign currencies, without any fees or commissions.
- Free ATM card is available.
- Cash withdrawals via ATMs.
- The account is linked to the SMS service.
- Confidentiality and security.
- Accounts comply with the provisions of Islamic Sharia
- Earn appropriate profits in accordance with the provisions of Islamic Sharia.
- The ability to obtain financing secured by the account balance.
- Easy deposit and withdraw from any bank branch.
- Send and receive remittances to and from abroad.
Requirements for opening a savings account - individuals:
For Yemenis:
Submit the following documents:
- A copy of the original (valid ID or family card or valid passport)
- Two color photos of 4x6
For non-Yemenis or residents :
Submit the following documents:
- A true copy of a valid passport
- A true copy of a valid residency permit
- Two color photos of 4x6
- A letter from the recruiting agency explaining the nature and duration of the relationship (if applicable)
Terms and conditions for opening a savings account individuals:
Complete and sign the account opening application form
Submit the required documents above
The account applicant must be at least 18 years old
On-Demand Account Service:
SBYB offers on-demand accounts, which are personal accounts from which customers can easily make deposits and withdrawals at any time. These accounts do not incur interest, do not allow the use of checks, and do not bear any risks.
Terms and Conditions for Opening an On-Demand Account - Individuals:
- Complete and sign the account opening application form
- Submit the required documents above
- The account applicant must be at least 18 years old
