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.
What is the PRO-INVEST Plan?
The PRO-INVEST Plan is a savings solution tailored for professionals or future professionals
who wish to gradually build interest-bearing savings while benefiting, in the long run, from
financing for their investment projects. The PRO-INVEST Plan allows you to prepare, over
several years, a personal contribution to finance the purshase of premises , renovation works,
equipments, or even establish working capital, all while benefiting from a favorable interest
rate.
Who can subscribe to the PRO-INVEST Plan?
This plan is available to all individuals or legal entities authorized to carry out a professional
activity. This includes both active professionals and those who are preparing to enter their
profession.
What are the objectives of the PRO-INVEST Plan?
Building savings: Accumulate secure and interest-bearing savings.
Financing a project: After 60 months, you can use your accumulated savings to
finance projects such as acquiring equipment, premises, renovation works, or
establishing working capital.
What are the deposit modalities?
You can fund your savings according to the following options:
Monthly: Starting from 10,000 DA.
Quarterly: Starting from 30,000 DA.
Semi-annual: Starting from 60,000 DA. One-time or additional deposits are also
allowed.
What is the minimum amount required to subscribe?
The minimum initial deposit is 100,000 DA.
What is the interest rate on the savings?
The savings are remunerated with an annual interest rate determined according to the
prevailing banking conditions, allowing your savings to grow over the years.
What happens at the end of the savings phase?
At the end of the 60-month savings period, you will have the option to obtain financing for
your professional projects at a preferential rate by using the accumulated savings. This can
cover the purshase of permises, renovation works,acquisition of equipment and working
capital
What types of financing can I obtain after the savings phase? Acquisition of equipment: Up to 50 million DA for healthcare professionals or 15
million DA for other sectors.
Acquisition of premises: Financing up to 90% of the purchase price.
Renovation works: Financing up to 100% for owners.
Working capital: Up to 3 months of turnover.
What are the financing conditions?
Duration: From 3 to 10 years, depending on the type of investment.
Interest rate: Reduced by 0.25% compared to the prevailing rate.
Processing fees: Subscribers to the savings plan are exempt from any account
management fees.
What are the benefits of the PRO-INVEST Plan?
Preferential financing rates.
Exemption from management fees.
Flexibility: Option to extend the credit usage period and defer repayments.
Accessibility: Open to all professionals, regardless of their business sector.
What happens if I wish to renew my savings plan?
At the end of the 60-month period, you can request a renewal of your savings plan, or choose
to withdraw your capital, along with the accrued interest.Contact Us:
For further information, please visit our website at www.cnepbanque.dz or contact your
CNEP-Banque Agency.