Afghanistan Banks Association

د افغانستان د بانکونو ټولنه
Afghanistan Banks Association
Voice of The Banks

Afghanistan Banks Association

Member Banks products and services
S.Noproducts and servicesDetails
1Types of accounts- Current account
- Saving Account
- Fixed Term Account
- Payroll account for individuals and corporates
- Islamic current account
- Mudarabah Saving & Fixed Term Account
2International Money transfers through (SWIFT)Inward remittances from across the world and outward remittances to:
- Asia
- Europe
- Middle East
- Arabic countries
- Other countries (except for the countries under sanction). Remittances can be made in US dollar, euro, pound, Dirhams, Indian rupees, Chinese yen, Russian rubles and Pakistani Rupees
3Bank Guarantees and Letter of CreditBank Guarantees:
- Performance Guarantee
- Bid Guarantee
- Advance Payment Guarantee

And Letter of Credit is available for the businesses.
4Islamic financing and Other Islamic banking servicesBusinesses and Traders can use below Islamic banking products and services such as:
- Murabaha
- Mudaraba
- Ijarah
- Diminished Musharaka
- Other Islamic banking services
5
Issuance of all types of bank cards (National and International)
- ATM
- Master Card
- Visa card
- Credit Card
- Debit Card
-AfPay Debit Card
- Premium Online Card
- Prepaid Card
Customers can use it through ATM machines, point of sale (POS) machines and other payment platforms.
6Money transfers (remittances) by the international money systems i.e Western Union, MoneyGram and RiaCustomers can send/receive foreign remittances around the world through following international money transfer companies:
- Western Union
- Money Gram
- Ria
7Domestic transfers – Aid Distribution of domestic and foreign institutions within the countryBanks provide internal money transfers services as well as distribution of aids throughout the country by using branchless banking/agent banking with low cost, full safety and transparency.
8Other General Services- Collection of government revenues such as tax, customs tariff, driving license and car license fee, passport fee/others
- Payroll system, payment of electricity bill online, payment of project costs
- Online Top-up Card Purchase
- Mobile banking; connecting to the account via mobile
- Internet banking
- Providing bank statement via email
- Issuing various cheque books according to the needs of customers
- Banking through WhatsApp
- Safe boxes to keep customers' fixed assets
- Branchless banking/agent banking
- Payment of salaries/cash through POS (point of sale machines)
- Foreign currency exchange
- Customer service center serving customers 24 hours a day