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AMEX Personal Card (International Finance)
This is an international card that is used for making purchases and cash withdrawals abroad.
Amex is short for American Express. Amex card is a credit card issued to clients by American Express through their mutual partner, Kingdom Bank.
Qualifying Criteria
Individuals and corporates need to be thoroughly vetted for creditworthiness and general account conduct before their applications can be considered. We require a security deposit upfront for USD5,000, USD10,000 or USD35,000 depending on the chosen limit and eligibility.
How to Apply
After meeting the conditions mentioned under item 2, clients will then be required to sign an offer letter and fill in an application form that we forward to Amex for their consideration. Amex reserves the right to approve or decline the application in accordance with KYC and AML policies.
Requirements by the Bank.
Security deposit, proof of residence, copy of passport and the bank reserves the right to accept or decline an application.
Uses of Amex
It is used to make payments and is acceptable worldwide by retailers and merchants. It can also be used to withdraw cash from the ATMs. It is important to emphasize that when making payments clients are not necessarily withdrawing from the security deposit. They need to settle their accrued bills within 30days to Kingdom Bank who will forward the payments to Amex.
Three Cards to Choose From:
- Green, Gold and Platinum Card
Benefits
- Once-off fees
- More convenient and respected payment method abroad
- Card accepted at merchant outlets worldwide
- ATM cash withdrawals while abroad
- Detailed monthly statements for easy reference
- No interest charge as statement balance is paid in full
- Interest earned on cash cover limit held at AMEX
- Free gifts from Membership Rewards Program
- Supplementary card for family or colleague
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