"Sumu" Saving Account for Kids

Arabi Islami offers a special saving’s account to the future generation so they learn at an early age the importance of saving money. Enjoy the amazing features of the account and achieve your financial goals.

Features:

• Open an account at any starting balance
• Special gift at account opening
• Smart-Band for payments and deposits
• Abilty to activate Tip Your Kid service
• More amazing features

Account opening:

• Visit any of our branches accompanied with your father or guardian, bring the required documents (Birth Certificate, Family Book, and Father’s or guardian’s ID*), and fill Account opening form.

*additional documents may be required  

*For US citizens and Green- cardholders additional documents and signing additional forms will be requested.

With the Arabi Islami Tip Your Kid service, you can grow your kids' savings by transferring fractions of payments through IIAB pay (Debit Card or, Wearables, E-Sticker) or bill payment though Efawateercom to the nearest JD from your account to your kids' accounts.

Features:

• Easy registration process through the Call Center or any of our branches 
• Possibility to add the service to minor accounts for the benefit of the mother   
• Free SMS notifications 
• Possibility to add multiple kids' accounts, and each transferred amount will automatically be divided evenly.
• Eligible transactions:
  • Usage of Visa Debit card, Visa Signature card, and Wearables through POS and/or online payments 
  • Efawateercom payments through Debit Cards, and/or Arabi Islami Mobile App. 

Special T&Cs:

• This service is available only for minor accounts under guardianship or for the benefit of the mother
• This service will be automatically canceled once the beneficiary reaches 18 years old
• Transfer restrictions: 
  • an Eligible transaction amount is a whole number 
  • The adult account has insufficient funds or any other restrictions.