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Wanted products
special accounts for non salaried employers All product suggestions
mbalfaqeeh - 26.10.2019 - 12:54:14
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in the category Personal Finance

Those days I faced many non salaried people want to rent with cash in monthly basis cause they cannot open a bank account to get cheque book.

in current state of the market we face many salaried employees going out of the country and the banks cash flow going low every day.
their is a big part in this country got only cash and cannot open a bank accounts because of regulations.

I prefer that the banks going out of the box and start to creat for them some special accounts, that will help the current market and help them.

Basim19 wrote on 29.10.2019 at 11:44

Yes that's good for students also

Zohair wrote on 14.11.2019 at 17:13

interesting thought. do you want a feature or product where instead of cheques, the receiver obtains a similar guarantee but not be a cheque? that is currently available in the form of a demand draft or managers cheque. if youre talking about a different concept, can you explain more? how would it work? why or how would people exchange/obtain/accept it?

mbalfaqeeh wrote on 14.11.2019 at 20:02

It can be special product for low salaried accounts but not manager cheque, cause manager cheque need that the account must have the full amount in the account to be blocked and they don't have the full year rent in their account.
in renting we ask the tenant to pay by cheques for more secure in payment and most tenants like (students, free lance workers, low salaried workers) they don't have accounts and cheque book cause of regulations.

Kiranndd wrote on 20.02.2020 at 08:57

i can suggest a money-smart account for nonsalaried people.

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