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What is the benefit of IPS account in Faysal Bank?

IPS accounts enable customers to maintain custody of their investing securities with banks and facilitate trading of these securities with easy transfers to other accounts. The current range of Government of Pakistan marketable securities includes; Treasury Bills, Pakistan Investment Bonds and Ijara Sukuk Bonds.

What is IPS in Bank Alfalah?

Bank Alfalah Islamic Banking Group offers Investor Portfolio Securities Account (IPS) to its valued customers.

What is Faysal self invest?

Faysal Self Invest enables customers to experience end to end process of Investors Portfolio Securities services from IPS account opening to transacting in Government Securities on real time basis.

What are the benefits of Faysal Bank?

Product Features Benefits Account can be opened with an initial deposit of Rs. No minimum balance maintenance charges. Unlimited complementary withdrawals through Faysal Bank ATMs. 2 free deposits and 2 free withdrawals per month through cash/clearing. Free Annual Statement of account.

What is the minimum balance in Faysal bank account?

No minimum balance requirement. Maximum of two free deposits and withdrawals through counters/clearing are allowed in a month. Easy access to your account through Cheque Book and Pocketmate Visa Debit Card.

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What is IPS bank account?

IPS Accounts are custodial accounts maintained with Primary Dealers for holding Government Securities (T-Bill, PIB, Sukuk) on behalf of the investor.

What is an IPS account?

IPS Accounts are custodial accounts maintained with Primary Dealers for holding Government Securities (T-Bill, PIB, Sukuk) on behalf of the investor. T-Bills, PIBs Ijara Sukuk are script less securities which are lodged in an IPS (Investor Portfolio Services) Account.

How to open IPS account with CDC?

For opening an Individual IPS account, client has to fulfill following requirements / documents: (i) IPS Account Opening Form (AOF) duly filled and signed by all the account holders. The title account holder and all joint account holders need to sign all pages of AOF, if photocopied or download from CDC website.

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