Thwani Cash
Service Details
This account at SHARQ Yemeni Bank for Islamic Microfinance allows companies, institutions, and other legal entities to manage their funds efficiently, withdraw and deposit freely, manage payroll, and pay bills. Thanks to the online banking service, they can manage accounts and transfers, deposit salaries for their employees, buy and sell currencies, extract account statements, and make payments with ease from their offices; this enhances the organization of financial matters for companies and ensures the smooth operation of processes.
Service Features
The ability to open an account without any costs or advance payments.
Opening a current account in different currencies (Yemeni Rial – US Dollar – Saudi Riyal).
Ease of opening an account through the SHARQ Bank head office or any of its branches.
Freedom to withdraw and deposit at any time without restrictions.
Benefiting from various bank services such as sending and receiving money domestically via Thawani Cash network and the Unified Network, and internationally via the SWIFT system.
Obtaining internet banking service, which enables you to manage the account from your offices, manage your employees’ salaries, in addition to paying bills, buying and selling currencies, and extracting reports and account statements for the company from your offices.
Service Terms
Terms and Conditions for Opening a Current Account
An official letter from the company/institution to open the account, including the names and job titles of the authorized signatories and specifying the signing mandate (e.g., single signature, joint signatures of two or more, or other specific conditions) and the validity of those signatures for financial transactions.
Copies of ID cards for company owners or those authorized to manage the account.
A copy of the Commercial Register + a renewed professional license.
In case the company is under establishment or does not have a commercial name on the Commercial Register, please provide us with a copy of the name certificate.
The Articles of Incorporation or the Memorandum of Association of the company, certified by the relevant authority.
A valid Zakat card.
A valid Tax card.
An official letter requesting to open an account from the Ministry of Social Affairs and Labor (for associations) or from the Ministry of Planning and International Cooperation (for international organizations), specifying the authorized signatories for managing the account.
The Articles of Association of the organization or foundation, certified by the Ministry of Social Affairs and Labor.
Subscription methods
Other services that may interest you
