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Overview – Allied Aitebar Express Account

Allied Aitebar Express Account facilitates the automatic credit of inbound foreign remittances without requiring a branch visit. Offered in local currency (PKR), the account functions like a regular chequing account with monthly profit or loss distribution, making it a convenient solution for beneficiaries of remittance inflows.

  • Automatic credit of foreign remittances to the account—no branch visit required

  • Local currency (PKR) account, exclusively for home remittance beneficiaries

  • Profit sharing on a monthly basis, based on average monthly balance

  • Single profit slab structure

  • No withholding tax on withdrawal or transfer of remittance funds

  • Withholding tax applicable only on earned profit (as per prevailing rates)

  • No minimum balance required for profit eligibility

  • Free services include:

  • No account maintenance or closing charges

  • Zakat deducted as per applicable laws

  • Deposits are invested in Shariah-compliant financing avenues as per bank policy

For account details, visit your nearest Allied Islamic Banking Branch or call Allied Phone Banking at 042-111-225-225. For incoming calls, Allied contacts customers via 1222.

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