Arab Bank Palestine was initially established in Jerusalem in the year 1930. The founder of the
Arab Bank Palestine was Abdul Hameed Shoman. There were originally seven share-holders and an investment of fifteen thousand Palestinian pounds at the Arab Bank in Palestine. However, in the span mere seventy years, the total investment rose to USD two hundred and twenty five million.
Although there was a lot of political as well as regional turbulence in the land of Palestine, the Palestinian Arab Bank grew at an astonishing rate. The Arab Bank Palestine provides a lot of facilities like ATM services, Internet banking, phone banking and SMS banking.
Some of the personal; services, which are offered by the Arab Bank Palestine include the following:
- An easy to understand summary of the accounts of the account holders
- Instant transaction of the accounts
- Managing the different kinds of card services on-line
- Settling the bills and viewing the various card transactions
- Details regarding the fixed deposit accounts can also be viewed
- Personal names can be provided to the accounts for simplified access
- Easy change of address and other updates of the details
- Free delivery of the ordered check books
- Cheque-books can also be collected from the nearest branch
- Secure E-mail services in order to send any kind of instructions
- The utility bills can be settled on-line
- Transfer of funds between the various accounts
- Payments of the scheduled standing orders.
