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6 critical factors to consider when choosing a bank!

12 May 2019 Posted by: admin Insights

At some point in your life whether it’s for professional or personal purposes you will need a bank account, here are the key factors you need to consider when choosing a bank to stash your hard earned money.

Banking your money gives you better control over your income and outcome. In fact, it can be an awesome opportunity to break into the world of financial success. You become more aware of what’s happening with your money and where it’s going. Another benefit is that you have documentation. Your payment statement will show all the payments, withdrawals, and deposits you’ve made.

There’s no doubt that banking is important. That’s why we’ve put together a list of what you should look for before deciding on where to bank. Keep reading to uncover our top six most critical factors to consider when choosing a bank!

1. Security

The most critical factor to consider when choosing the right bank is security. Is your money safe? With Darasalaam bank your money is 100% safe.

2. Convenience

Ask yourself if they have the account you’re looking for. Do they offer other services? Looking into the future, would you need a bank that offers loans?

Be aware of all their services and offers before deciding on a bank. Darasalaam bank has multifaceted and integrated banking services appealing to the highest standards of Islamic banking schemes.

Darasalaam bank has 3 types of accounts; current/checking accounts, saving accounts, and investment account, see more

3. Fees

Review the fees for each account. Check on annual fees or if the bank offers any incentives for joining. We recommend you compare local banks and their fees list.

4. Cash Limits

Some banks have cash limits that you can withdraw a day. Think about your needs, and see if the bank you’ve chosen can match up to that. Some banks can adjust that limit, based on your needs.

5. Online Banking

Another factor you may consider is if they have the option for online banking. with Darasalaam’s Kaafi service and online banking services, you are always a few clicks away from your money whenever and wherever you need it.

6. Customer Service

Customer service is pinnacle when working with banks. You need to be able to trust the people who will be securing your money. If you have doubts about their security or any of our listed critical factors, find a new bank.

Here is what one of our clients had to say about our services;

Why We’re the Perfect Fit!

Choosing a bank isn’t the easiest, but we strive to make it that way! We offer a variety of banking services for all your needs. We offer personal and business banking services including International cards, sharia-compliant financing, and investments.

Don’t wait any longer and open an account with us today!#

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