Free savings Account
What is it ?
It is a savings account that does not generate interest, intended for individuals. It allows you to carry out deposit, withdrawal and transfer operations.
Features of the account
With the El Badil account you can make :
Transfers;
Payments;
Withdrawals;
Samples;
Check cashing;
The possibility of monitoring and managing this account via the BDL mobile application;
The possibility of subscribing to accident insurance via this account.
Eligibility
Any natural person including minors.
Conditions
The initial payment at the opening of an account must be at least 5000 DZD;
Subsequent payments: payments are free with the possibility of automation.
Possibility of :
Monitoring of the account via Smartphone thanks to the mobile application of the BDL;
Automation of transfers from and to this account;
Ability to carry out withdrawal and deposit operations at all BDL branches.
FAQ
The opening of an EL BADIL savings account is to be carried out at your BDL branch .
The documents required to open an EL BADIL savings account are:
1. A copy of the identity document;
2. A residence certificate;
3. A birth certificate.
1. A copy of the identity document;
2. A residence certificate;
3. A birth certificate.
Les formalités d’ouverture d'un compte livret d'épargne EL BADIL pour un mineur peuvent être accomplies par son The formalities for opening an EL BADIL savings account for a minor can be completed by his legal representative.
Withdrawals are made by the latter on the basis of presentation of the booklet and a valid official identity document.
The minor child, as soon as he comes of age, is the only one authorized to make withdrawals or any other person authorized by him.
Withdrawals are made by the latter on the basis of presentation of the booklet and a valid official identity document.
The minor child, as soon as he comes of age, is the only one authorized to make withdrawals or any other person authorized by him.
The holder of an interest-free savings account can give power of attorney to a third party to make withdrawals.
The amount of the payment at the opening of an interest-free savings account cannot be less than 5,000.00 dinars, and the supply of the account can be ensured by::
1. Payments made in cash;
2. Receipt of bank or postal transfers;
3. Cashing cheques or bills.
1. Payments made in cash;
2. Receipt of bank or postal transfers;
3. Cashing cheques or bills.
Transactions on the interest-free savings account must not be backed by acts of commerce or commercial transactions.
The renewal of the EL BADIL savings account is carried out in the following cases:
1. The use of all the pages of this booklet;
2. The deterioration of the savings account.
1. The use of all the pages of this booklet;
2. The deterioration of the savings account.
When an agency is informed of the loss or theft of an EL BADIL savings account, it must have the representative or the holder of the interest-free savings account sign, as the case may be, a declaration and will proceed, if necessary, to the issuance of a new EL BADIL savings account.