Special Joint Accounts

The unique benefits of AIB Joint Accounts:

• Flexible ownership: Accounts can be opened by up to five relatives and can be managed individually, jointly, or by any of the owners.

• Smooth transitions: The account can continue to be managed by the remaining owners, In the event of any shareholder's death (God Forbids)

• Customizable Authority: Decide who can sign on the account (individually, jointly, or by any owner).

• Equal rights: All shareholders have equal access to the account, regardless of their stated shares.

More Details about the Service:

At Arab International Bank, we believe in the power of partnership. Our Joint Accounts are designed to help families to work together towards shared financial goals. Whether you're saving for a home, planning for retirement, or simply looking for a convenient way to manage your finances, our joint accounts offer a secure and flexible solution.

Key Features of AIB Joint Accounts:

• Open an account with a minimum of two and a maximum of five relatives of first degree.

• Determine who has the authority to sign the account, whether it's individually, jointly, or by any of the owners.

• All shareholders have equal rights to deal with the account within the available balance, regardless of stated shares.

• Our joint accounts ensure a smooth transition for the remaining owners in case of having one of the partners deceased (either or survivor).

• Open joint account with minors and seamlessly transition to adult ownership when they reach 21 years old.

• Mothers have the right to open joint accounts with their minor or adult children.

Open an AIB Joint Account today and experience the convenience and security of managing your finances together.

*Terms & Conditions apply*

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