Benefits and Features open account with Al Rayan Bank
- Free monthly eStatements
- Free Internet Banking
- Interest-free bank account, receive no interest, pay no interest
- Debit card and cheque book (subject to status)
- Funds deposited will be administered in accordance with Sharia principles
- International payments
- Automatic access to your account via our automated telephone banking service 24/7 or online
- All transactions at Knightsbridge branch counter will cost £5 per transaction (Max £5 per day)
Eligibility Requirements to open an account:
- Aged 18 years or above
- Currently live in the UK
- Information and documents need for the application
- Addresses for the last 3 years
- Employment details
- Income details
- Proof of your identity and address
Documents Required to open an account:
- UK photocard driving license
- UK bank or credit card statement
- Council Tax bill
- HMRC (HM Revenue and Customs) tax notification
- UK personal tax summary
- Mortgage statement
- Biometric Resident Permit
- National ID card (for non-EEA foreign nationals)
- EU/EEA National Identity card
Maintaining the account fee
- The monthly fee £20 per month the fees will be waived if you hold at least £50,000 on deposit with Al Rayan Bank (UK)
- Maintenance fee of £5 per month balance less than £2,500
Procedure to open an account in Al Rayan Bank
To apply with Online banking here
To apply with mobile banking here
List of Banks in London
Click the above link to view the list of Banks in London address, phone, email, working hours, website, direction and more.
