Accounts and Investments
Explore our accounts and investments for optimal financial management. Checking accounts, savings accounts, fixed-term deposits, and cash vouchers: discover our secure and profitable solutions. Achieve your financial goals with confidence. Welcome to our banking universe
What is a Regular Checking Account?
A regular checking account is a non-interest-bearing demand deposit bank account that allows you to perform any banking transaction for your personal needs, excluding commercial operations.
Who can open a Checking Account?
- Any natural person of Algerian or foreign nationality
- Any Algerian natural person residing in Algeria or abroad
- Adults, starting from the age of 19
- Emancipated minors
- Merchants for their personal needs as individuals
- Legal entities, non-profit civil associations, and professionals
What are its advantages?
- Domiciliation of your income: salary, pension…etc
- Conduct transactions freely at all CNEP Bank agencies across the national territory
- Benefit from means of payment: Interbank card (CIB) card, checkbook, bank check…
- Possibility to subscribe to SAHTI, RIHLATI, CTP insurance through your checking account.
- Withdraw funds through interbank card at cash machines ATM’s 7 days a week, 24 hours a day.
- Possibility to make online purchases (E-Payment)
- Possibility to make payments at merchants equipped with POS terminals.
- Ability to check your account balance and transaction history via
CNEP CONNECT.
- Benefit from SMS Banking service: receive SMS notifications for any account activity.
- Perform intra or interbank transfers 7 days a week, 24 hours a day using the CNEP Connect application (check CNEP Connect for details)
What is a Home Savings Account for Housing?
A home savings account is an account that allows you to save your money at an advantageous rate with the flexibility to use it for all your banking transactions at all branches of CNEP Banque’s commercial network.
Who can open a Home Savings Account?
Any natural person, without exception:
– Algerian nationality residing in Algeria or abroad
– Foreign nationality residing in Algeria
– Adults, starting from the age of 19
– Minors represented by a legal guardian
– Any legally incapacitated person legally represented
What are its advantages?
– Secure your savings
– Earn interest at an advantageous rate (check banking conditions)
– Manage your account freely at all CNEP Bank agencies across the national territory.
– Perform intra or interbank transfers 7 days a week, 24 hours a day using the CNEP Connect application (check CNEP Connect for details)
– Receive a savings card free of charge
– Withdraw funds from all cash machines/ATMs 7 days a week, 24 hours a day
– Benefit from a preferential interest rate when applying for a loan
– Possibility of claiming a housing benefit when purchasing homes through a listing
– Check your account balance and transaction history via CNEP CONNECT 7 days a week, 24 hours a day
– Benefit from SMS Banking service: receive SMS notifications for any account activity
– Convert the Home Savings Account into a RASMALI account at any time by transferring part or all of your assets
– Ability to designate one or more proxies to operate the account
What is a Popular Savings Account?
A Popular Savings Account is an account that allows you to build up interest-earning savings at an advantageous rate, with the flexibility to use it for all your banking transactions at all branches of CNEP Banque’s commercial network.
Who can open a Popular Savings Account?
Any natural person, without exception:
– Algerian nationality residing in Algeria or abroad
– Foreign nationality residing in Algeria
– Adults, starting from the age of 19
– Minors represented by a legal guardian
– Any legally incapacitated person legally represented
What are its advantages?
– Secure your savings
– Earn interest at an advantageous rate (check banking conditions)
– Manage your account freely at all CNEP-Banque agencies across the national territory.
– Perform intra or interbank transfers 7 days a week, 24 hours a day using the CNEP Connect application (check CNEP Connect for details)
– Receive a savings card free of charge
– Withdraw funds from all cash machines/ATMs 7 days a week, 24 hours a day
– Benefit from a preferential interest rate when applying for a loan
– Possibility of claiming a housing benefit when purchasing homes through a listing
– Check your account balance and transaction history via CNEP CONNECT 7 days a week, 24 hours a day
– Benefit from SMS Banking service: receive SMS notifications for any account activity
– Convert the Popular Savings Account into a RASMALI account at any time by transferring part or all of your assets
– Ability to designate one or more proxies to operate the account
DOCUMENTS TO BE PROVIDED:
– A copy of a valid proof of identity.
– A copy of the military ID for military personnel.
– A copy of the passport for non-residents.
– A copy of a valid passport for foreigners residing in Algeria.
– Proof of residence.
– An initial deposit of 10,000.00 DZD or more.
What is a Savings Account RASMALI ?
Savings account RASMALI is an account that allows you to build up non-interest-bearing savings, with the flexibility to use it for free for all your banking transactions at all branches of CNEP Banque’s commercial network.
Who can open a RASMALI Savings Account?
Any natural person, without exception:
– Algerian nationality residing in Algeria or abroad
– Foreign nationality residing in Algeria
– Adults, starting from the age of 19
– Minors represented by a legal guardian
– Any legally incapacitated person legally represented
What are its advantages?
– Secure your savings.
– Non-interest-bearing.
– No fees: account management and all transactions are free of charge.
– Manage your account freely at all CNEP-Banque agencies across the national territory.
– Perform intra or interbank transfers 7 days a week, 24 hours a day using the CNEP Connect application (check CNEP Connect for details)
– Receive a savings card free of charge
– Withdraw funds from all cash machines/ATMs 7 days a week, 24 hours a day
– Benefit from a preferential interest rate when applying for a loan by becoming a saver.
– Possibility of claiming a housing benefit when purchasing homes through a listing.
– Check your account balance and transaction history via CNEP CONNECT 7 days a week, 24 hours a day
– Benefit from SMS Banking service: receive SMS notifications for any account activity
– Convert the Popular Savings Account into a RASMALI account at any time by transferring part or all of your assets
– Ability to designate one or more proxies to operate the account
What is a Fixed-term Deposits?
A fixed-term deposit is a monetary investment in Algerian Dinars made at the customer’s request for an agreed-upon period.
Who can benefit from it?
Any natural person or legal entity.
What are its advantages?
– Safeguard your money from theft and loss.
– Flexible duration, tailored to the customer’s preferences.
– Access your money freely before maturity.
– This investment option offers an attractive return that varies based on the investment duration in accordance with the bank’s conditions.
What is a Cash voucher ?
It is an investment in the form of a debt instrument that can be made by any natural person or a legal entity.
A Cash voucher can be named, bearer, or anonymous.
It is issued for a previously agreed-upon term and comes with a return.
Eligibility:
Any natural person or legal entity.
Interests:
The interest rate varies depending on the duration of the investment.