Term Deposit and Certificate
10 September 2020
10 September 2020

New advantages on term deposits and certificates of deposit!

Through Bank al Etihad app, you can now view the enhanced new features we have added to your term deposits and certificates of deposits. Choose what suits you from an array of specially tailored features with simple steps and without the need to visit any of our branches.

You can now feed your balance or break the deposit according to your needs. We have also added options that enable you to control the deposit and the certificate of deposit by the end of the deposit period.

Start now!

1. Tap on More button on the main options bar.
You will then see a menu containing several options.

2. Choose Deposits from the list
You will then be directed  to a menu where you can switch between Term deposits and Certificates. From there you can also view a record containing Term deposits and Certificates of Deposit  you already have.

The app provides two options you can switch between and here are  the details of each:

First: If you decide to choose: Term Deposit

1. Tap on the + New term deposit button
After tapping on this button, you will be directed to Open a term deposit account screen, where you will see a list of products you can choose from.

2. Choose the product you want according to the period you deem appropriate.
After tapping on one of the options, you will be taken directly to a screen containing the terms and conditions for the product you have chosen, where you have to swipe down to read it in full.

3. After reviewing all the terms and conditions related to the product of your choice. Accept terms and continue button will be activated immediately. Tap on it to continue.
Then you will go directly to the Source Account screen.

4. Choose the account from which you want to withdraw the deposit amount.
You will then be directed to the Select currency screen, which contains a list of various currencies.

5. Choose the currency of the deposit you want.
You will then be directed to the Enter amount screen, where you would be requested to enter the amount you want to deposit, bearing in mind that the minimum deposit is 5,000 Jordanian dinars or the equivalent in other currencies.

6. Enter the amount you want to deposit, then click the Continue button.
Then you will go directly to the Renewal options screen, which contains several options, from which you can choose what suits you best.

7. Choose what suits you from the list.
You will then proceed directly to the Review Deposit screen, which contains all the details of your term deposit.

8. Click the Create a deposit button
You will be directed to the transaction completion screen.

Second: In the case of choosing certificates of deposit

1. Click on the + New certificate of deposit button
After tapping on this button, you will go directly to  Open a certificate of deposit screen, where you will be presented with a list of products that you can choose from.

2. Choose the product you want according to the period.
After tapping on one of the options, you will be directed to a screen containing the terms and conditions for the product you have chosen, where you have to swipe down to read it in full.

3. After reviewing all the terms and conditions related to the product of your choice, Accept terms and continue button will be activated immediately. Tap on it to continue.
Then you will go directly to the Source Account screen.

4. Choose the account from which you want to withdraw the Certificate of Deposit amount.
You will then go directly to the Select currency screen, which contains a list of different currencies.

5. Choose the deposit currency you want.
You will then be directed to the Enter amount screen, where you would be requested to enter the amount you want to deposit, bearing in mind that the minimum deposit is 5,000 Jordanian dinars or the equivalent in other currencies.

6. Enter the amount you want to deposit, then click the Continue button
Then you will go directly to the Renewal options screen, which contains several options, from which you can choose what suits you best.

7. Choose what suits you from the list.
You will then proceed directly to the Review Deposit screen, which contains all the details of the deposit.

8. Click the Create deposit button
You will then move directly to the Transaction completion screen.

You can find more information on our Term Deposit and Certificate service below:

  • Is it possible to top-up the term deposit?
    Yes!
    You can always top-up the deposit by following these steps:

    1. Tap on More button on the main options bar.
    Then you will be presented with a menu with several options.


    2. Choose Deposits from the list
    You will then be taken to a screen with a menu where you can switch between Term deposits and Certificates, and you can view a record of all the Term deposits and Certificates you have.


    3. From the Term Deposit Registry, tap on the deposit you want to replenish.
    You will be directed to the
    View deposit screen, which contains your deposit information, and has two options: Liquidate deposit or + Top-up.

    4. Tap on the Top-up button
    You will then be directed to the Enter amount screen, where the
    Continue button will be activated after entering the amount you want to feed the deposit with.

    5. Tap on Continue.
    You will be taken to the Review Deposit screen that contains your deposit information after replenishing your deposit.


    6. Tap on the Top-up deposit button.
    You will then be taken to the successful completion of the process screen, where you can share the available information with your contacts and through social media.
  • Can a certificate of deposit be liquidated ?
    No! You cannot liquidate the certificate of deposit using the application, but you can do so by visiting one of the branches.
  • Can i top-up a certificate of deposit ?
    No.
    its not possible to top-up a certificate of deposit.
  • Can the term of the deposit be changed?
    No!
    You cannot change the term of the deposit through the application, but you can do so by visiting one of our branches.
  • Are there any fines for liquidation the deposit partially or completely?
    Yes. Fines shall be imposed for partial or total liquidation of the deposit, according to the terms and conditions of the bank.

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