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Salaam Bank's personal banking services include current accounts and savings accounts. The current accounts permit clients to pay for utilities through online, mobile, and direct debit orders, receive and wire international transfers, make payments via checks, use the Salaam Debit Card for purchases/withdrawals at ATM and POS locations, and access their accounts online and through mobile devices.
Salaam Somali Bank was established in October 2009. [2] It was the first bank to operate in Somalia since 1991, and was founded to provide trusted banking services to Somali businesses and communities, as well as reconstruct the country's banking system to facilitate economic development and growth.
In partnership with Salaam Somali Bank, Mastercard, Telesom, Golis and Paymentology, Hormuud Telecom introduced contactless payments in Somalia. Together, they launched a co-branded, tokenised, tap-to-pay digital companion card along with a physical card for Waafi mobile app users. The digital card is said to be a first for the Horn of Africa. [16]
And if your application has been accepted, you can often make online purchases with your new credit card number immediately, though it’ll still usually take seven to 10 days for the physical ...
Agro Africa Bank; Amal Bank; Amana Bank; Bushra Business Bank; Dahabshil Bank International; Daryeel Bank Ltd; Galaxy International Bank; Idman Community Bank; International Bank of Somalia; Mybank Limited; Premier Bank; Salaam Somali Bank; SomBank Ltd
The IBS Bank was founded by Somali entrepreneurs, who are primarily based in Dubai. Mahat Mohammed Ahmed serves as the bank's Chief Executive Officer. [6] IBS Bank is in partnership with MasterCard, [7] Visa, [8] USAID GEEL program [9] and ILO. [10] In July 2019, IBS bank launched its partnership with World Elite MasterCard debt cards. [11]
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