Yes he can, Bara’em Saving Account allows Trustees, Sponsors and charitable agencies to open the account according to the below terms:
- The original and valid identification of the trustee + a determination from court stating that he is the trustee of the child.
- Providing the child certificate of birth.
- Providing recent 2 photos of the kid and the trustee 6*4.
The minimum balance to open ‘Baraem saving account’ is YER 5,000 or equivalent to all other currencies.
Yes, you can make a payment transfer from your current account to the ‘Baraem saving account’ or the opposite through the permanent orders service or CAC Mobily service at anytime from anywhere.
You can review the account balances in ‘Braem saving account’ through CAC Mobily or CAC online at anytime from anywhere.
Yes, you can open ‘Baraem saving account’ in YER, USD, SAR, and EUR currencies.
Yes, there is a monthly interests applied for ‘Braem saving account’ deposit to the account every midyear at the end of June & December.