How to open a new account in SNB Alahli Bank?

With the merger of Samba and NCB, SNB Alahli Bank has made it easier for customers to open a new account online without the need to visit their branch. In this blog post, we will guide you through the process of opening a new account in SNB Alahli Bank, explaining each step in detail.

Requirements for Opening an Al Ahli Account

Before you start the process, make sure you have the following requirements:

Personal Requirements:

• Be an Egyptian citizen or a foreigner legally residing in Egypt
• Have a valid passport and a copy of your appointment letter
• Be over 21 years old (for Al Ahli Bank for Women)
• Be a resident of Egypt

Financial Requirements:

• Minimum deposit amount: varies depending on the type of account and location (e.g., 1 EGP for Al Ahli Bank)
• Valid salary allocated to your account (minimum 500 Qatari Riyals per month for Al Ahli Saudi Bank)
• Minimum balance requirement: KWD 500 for Al Ahli Bank

Identification Requirements:

• Valid Qatari ID card
• National ID card, passport, or military ID card
• Iqama with more than 30 days of validity
• Valid Saudi mobile number

Some other requirements:

• Complete and sign the account opening form
• Provide additional documents as required by the bank
• Attend a personal interview at the bank (for some accounts)
• Register for Internet Banking and activate your account

Types of Al Ahli Accounts

Al Ahli Bank offers different types of accounts, including:

• Current Account: Designed for individuals and businesses, this account allows for easy management of daily transactions and financial operations.
• Savings Account: A low-risk account that earns interest and is suitable for individuals who want to save money.
• Investment Account: A specialized account designed for investors who want to grow their wealth through various investment instruments.

Account Opening Terms and Conditions

Before opening an Al Ahli account, it is essential to review the bank’s terms and conditions, which include:

• Account Opening Terms & Conditions (for Non-Individuals Only): This document outlines the requirements and procedures for opening an account for non-individuals, such as businesses or organizations.
• Account Opening Terms & Conditions – (Individuals): This document outlines the requirements and procedures for opening an account for individuals.

Benefits of Opening an Al Ahli Account

Opening an Al Ahli account offers several benefits, including:

• Convenience: Access to a wide range of banking services and products.
• Security: Your money is insured and protected by the bank’s security measures.
• Flexibility: Choose from a variety of account types and services to suit your needs.
• Rewards: Earn rewards and benefits through the bank’s loyalty program.

How to open an Al Ahli account 

Given are the steps to open an Al Ahli account:

Step 1: Access the Online Account Opening Portal

To open a new account online, visit the SNB Alahli Bank website and click on the “Open an Account” button. You will be redirected to the online account opening portal.

Step 2: Fill in the Account Opening Form

Fill in the account opening form with the required information, including your personal details, Iqama number, and address. Make sure to enter all the information accurately.

Step 3: Enter the Purpose of Opening the Account

You will be required to enter the purpose of opening the bank account. Choose the correct option from the following:

• Personal
• Total Monthly Cash Deposits: small amount
• Total Monthly Cash Withdrawals: less than salary
• Additional Question 1: No
• Additional Question 2: No
• Additional Question 3: Yes
• Additional Question 4: No
• Additional Question 5: Yes

Step 4: Review and Submit the Form

Review all the details entered in the account opening form and submit it. Make sure to check all the information carefully before submitting.

Step 5: Print Your ATM Card

After submitting the form, you will be required to print your ATM card from any SNB Self-Kiosk machine within 3 days.

Step 6: Activate Your Internet Banking

Enter your username and password for internet banking. You will receive a confirmation email with your login credentials.

Step 7: Check Your Account Details

Note down your IBAN and Account Number. You can use these details to check your account balance, transfer funds, and pay bills online.

By following these steps, you can successfully open a new account online at SNB Alahli Bank. Remember to review your account details carefully and submit the form accurately to avoid any errors.