Beneficial Banking Services: Balance Transfer, Online Money Transfer And Islamic Current Account

By admin on February 7th, 2012

So what happens when you have too many credit cards, and too many bills? You avail of the balance transfer credit card offers, which are designed to help you consolidate your credit card debt onto one card. In other words, you can transfer your existing credit card balances and repay them at a much lower interest rate, over a set term. Many banks in the UAE are offering this service at competitive annual percentage rate (APR) and annual fee. Some of the banks even feature an introductory 0% APR interest rates on credit card balance transfers for varied periods. Many banks also promote their balance transfer credit card offers by giving gift vouchers or temporarily increasing credit card limits.

Another beneficial service that the banks offer is online money transfer. You can transfer money in the comfort of your home/ office, without going to the branch and standing in queues. Thanks to this service, you have access to accounts of your friends/family across many countries. In the last decade, banks have made efforts to make online money transfer as secure as possible. They are much more adept, efficient and technologically equipped to handle online transfer fraudulent activities. Some of the banks even offer competitive foreign exchange rates, which makes online money transfer much more beneficial. Besides transferring money, the online space enables you to track your remittances. All in all, it is now a safe, convenient and fast means of transferring money.

The ADCB Meethaq Islamic current account makes your banking experience effortless. Based on Wadiah Bed-Dhaman (Shariah compliant safekeeping of funds), this current account makes your daily banking easier. This is made sure by highly personalized service, nationwide branch network and comprehensive internet and phone banking services. With this account, you get value added services under the Meethaqs Aspire-Relationship Based Pricing (RBP). This scheme assures that the more products you use, the lesser you pay. For instance, no monthly fee is charged to customers under Meethaqs Aspire RBP Tier 1. Many such benefits are available to ADCB Meethaq Islamic current account holders.

About the Author:
Adcb Meethaq Islamic Current Account is another service which takes care of providing effortless banking experience to all account holders, with special customer relationship programs and offers. It is true that a debit card performs almost the same functions as the Credit Cards.