Nasser Bank Launches' Early Payout 'Service for Retirees

Nasser Social Bank announced the launch of a new banking service called "Early Payment of Pension", in a move aimed at enhancing the services provided to pensioners and providing them with practical financial solutions. This innovative service targets the owners, beneficiaries and survivors of pensions from the bank's customers who regularly transfer their pensions to it, as it gives them access to the remaining amount of the last pension after deducting the installments of the due financing. The bank determined the value of The withdrawable amount is 100% of the balance remaining from the last pension, with an administrative fee of 1.5% of the amount disbursed without any additional costs or returns, provided that the amount is automatically recovered from the next month's pension. The Bank has established a specific timeframe for the use of the service, which is available from the fifteenth to the twenty-ninth day of each month, allowing beneficiaries a sufficient period to benefit from these financial facilities. service, customers must meet several basic conditions, including signing an official request for the service, agreeing to all the terms and conditions governing it, in addition to the need for the bank account to be a creditor at the time of submitting the request. The launch of this service comes within the framework of the Bank's continuous endeavor to develop the banking system provided to pensioners, and to provide flexible financial solutions that meet their urgent needs and contribute to improving their living conditions.