Salary In Your Pocket
Your salary is in your pocket.
Why wait until the end of the month or postpone your payments any longer?
Withdraw your salary in advance from the Egyptian Arab Land Bank or any other banks' ATM and pay your obligations and urgent expenses.
- Targeted Segment: All customers who transfer their salaries to the bank (Jordanians and non-Jordanians) from the governmental, semi-governmental, and approved private sectors within the list of approved companies.
- Disclosure Period: Unless otherwise specified, one month from the date of disclosure issuance, or until the salary is received, whichever comes first, with the possibility of renewing the disclosure monthly. The disclosure is reviewed in accordance with the most recent salary that was deposited into the account.
- The interest rate is 16% calculated based on the overdraft amount and the number of days of disclosure.
- Commission: One Jordanian Dinar each month for disclosure.
- The minimum allowed disclosure for withdrawal is 100 Jordanian Dinars.
- The maximum allowed disclosure for withdrawal is 5000 Jordanian Dinars.
- Withdrawals can be made from ATMs or bank branches.
- Issue an ATM card to the customer.
- Ensure that all customer accounts are active (linked to the ATM card).
- The maximum allowed disclosure for clients with transferred salaries who do not receive any bank facilities is 90% of the net pay transferred to the bank, with an upper limit.
- The maximum disclosure limit for accounts of customers from the salary transfer segment to the bank, who have obtained facilities or will be granted facilities, is such that the account is disclosed by 50% of the net salary transferred after paying all installments due on the customer. The calculation is as follows: (Net transferred income - Monthly installments due on the customer (loan and/or card) * 50%).
*The benefit from this service continues if the bank's instructions allow it.
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