Set and plan your financial goals directly through the Boubyan App! With the Boubyan Savings Vault service, you can create multiple vaults and begin saving for them.
Terms and Conditions
Savings Vault limits:
Minimum: KD 100
Maximum: KD 100,000
The maximum number of vaults is 10
Customers will not be able to withdraw partial amounts from a vault. However, a vault can be cancelled at any time
If a customer misses five consecutive monthly savings, the vault will be automatically cancelled, and the saved amount in the vault will be automatically transferred back to the account
Amounts saved in vaults will be on hold from the account, and when the vault is completed or cancelled, the hold amount will be released back into the account
Steps
A simple, guide to get you started:
1
Visit Savings Vault on the App
Create your Vault, enter a name and add an image.
2
Set a goal amount
Enter a monthly saving amount or a target end date for when you would like to reach your goal.
3
Select deduction account
Select the account you would like to deduct the amount from and which day of the month the amount should be deducted.
4
Done!
Your Savings Vault can be monitored directly through the homepage.
