Current Account

Paramount Global Bank offers a Current Account designed for individuals and businesses that require easy access to their funds and the ability to manage day-to-day financial transactions efficiently.

Key Features:

24/7 Access to Funds: Account holders have the flexibility to access their funds anytime through ATMs, online banking, and mobile apps.

Cheque Book Facility: A cheque book is provided, allowing account holders to make payments or transfer funds via cheques.

Overdraft Facility: Paramount Global Bank may offer an overdraft facility, providing customers with temporary access to funds beyond their account balance, subject to terms and conditions.

Debit Card: A debit card is typically issued, enabling easy withdrawals, payments, and online shopping.

Online Banking: Customers can manage their current account and perform transactions such as bill payments, transfers, and view account statements through an online banking platform.

Low or No Interest Rates: Current accounts usually do not earn interest, but they may have low or no fees for certain transactions.

Easy Fund Transfers: Customers can transfer funds between accounts or to third parties both locally and internationally, using secure channels like wire transfers or mobile payment systems.

Bill Payments: Bills can be paid automatically or manually through the bank’s platform, ensuring timely payments.

Benefits:

Convenience: Easy to manage day-to-day transactions with instant access to funds.

Security: Bank offers security features like multi-factor authentication and fraud detection.

Customizable: Additional features or services, like specialized business current accounts, are available for customers with unique needs.

Global Reach: With international banking facilities, customers can handle foreign currency transactions or manage accounts from different countries.

Fees and Charges:

While some services are free, Paramount Global Bank may charge fees for certain transactions like ATM withdrawals beyond a specific limit, account maintenance, or foreign currency exchanges.

How to Open an Account:

If you’re interested in opening a Current Account with Paramount Global Bank, you can usually do so by visiting a branch or applying online, with the requirement of providing identification documents and proof of address.

Additional Information:

Keep in mind that the specific features and terms may vary, so it's best to consult the bank directly for the most accurate and up-to-date information.