Baraem Savings Account

Saving for Their Dreams

Start saving for your children today and help bring their dreams within reach.
Available for children
from birth through age 17.
Either parent
can open a savings account for their child.
Earn returns of
up to 30% of the amount saved.

More Benefits

Baraem is a monthly savings account that combines a savings account with a savings deposit.
The account is funded automatically each month.
The account can be opened by the father, mother, or legal guardian.
Monthly contributions range from a minimum of USD 10 to a maximum of USD 500.
An initial deposit of up to USD 10,000 can be made when opening the account.
The account is available in USD only.
The monthly contribution can be reduced to align with the customer’s income and savings plan.
The Bank provides free life insurance covering the monthly contributions for a maximum of 10 years.
Track the account through the Bank-e app and digital banking services.

Frequently Asked Questions

If you withdraw from the program within the first year, no return will be earned. When your child turns 18, the account will be placed on hold until the parent or guardian relinquishes control of the account and it is transferred to the child.

Yes. You can enroll all your children under the age of 18.

No funds can be withdrawn or otherwise accessed unless the subscription is canceled.

No. As this is a savings-only account, the only transactions permitted are the monthly contributions.

For more information, you can choose one of the contact methods.

Chat on WhatsApp
Chat on WhatsApp
Resolve queries instantly without the wait. Send a secure message to our support experts anytime.
  • WhatsApp:
    +970593666666
Email our team
Email our team
For any assistance with our products and services, email our support team directly.
  • Click the link below, to contact us:
Call us directly
Call us directly
Need help with our products or digital services? Our support experts are here to guide you.
  • Local:
    1700 150 150
    \ #267 \ #2288
  • International:
    +970 2 294 6420
  • Working hours: Available 24/7
Meet Our Experts In Person
Meet Our Experts In Person
Visit a branch for face-to-face advisory and tailored financial solutions.
  • Sunday - Wednesday: 08:30 - 14:30
  • Thursday: 08:30 - 13:30