UBL UniZar Foreign Currency Savings Account

UBL UniZar Foreign Currency Savings Account

UBL UniZar Foreign Currency Savings Account is ideal for those customers and individuals who wish to maintain a secure foreign currency transactional account which also provides a return. It is available in 5 leading currencies: US Dollar, British Pound, Euro, Saudi Riyal and UAE Dirham.

Special Features are

  • Profit calculation is on the basis of minimum monthly balance touched during a calendar month
  • Profit payout bi-annually.
  • No cash handling charges (US Dollar, Euro, Pound Sterling, UAE Dirham & SAR).
  • No restriction on minimum number of transactions.
  • Zakat is exempted.

Minimum Deposit:

Minimum Deposit Required:

  • USD: 500
  • EURO: 400
  • AED: 2,000
  • GBP: 300
  • SAR: 2,000

Terms and Conditions

  • Foreign Currency, current or savings accounts and time deposits may be established in US. Dollars, Pound Sterling, Euro and such other currencies, as the bank shall determine/ allow and in accordance with the local regulations in force from time to time.
  • Profit on foreign currency saving and time deposit is paid at periodic intervals as determined by the bank and/ or upon respective maturity dates of such deposits at such rate as may be determined by the Bank from time to time.
  • Foreign Currency accounts/ deposits are opened and maintained subject to Foreign Exchange Regulations and directive of the government of Pakistan, or any of its organizations / agencies and State Bank of Pakistan from time to time.