Al Salam Bank – Bahrain, a leading regional Islamic bank, has announced the launch of its one of a kind Danat eGifting service, that allows clients the ability to send cash e-gifts to family and friends either existing accountholder or non-accountholder in the Danat Savings Scheme.
The service, which is facilitated through a fully digital process using the bank’s application, gives clients the ability to send cash e-gift vouchers in the range of BD5 to BD6,000 ($13 to $15,821) which can be redeemed into recipients' Danat Savings accounts.
The launch of the Danat eGift service comes in line with the bank’s commitment to providing its clients with end-to-end secure digital money transfer services, without the need of ever visiting a branch.
The service additionally provides clients the opportunity to enter draws to win life changing prizes under the Danat Saving Scheme when maintaining a minimum investment of BD 50 for 30 days consecutively.
Through a seamless process completed within minutes, customers choosing to open a Danat Savings account through the Bank’s easy to use digital application will additionally benefit from entering exclusive draws to win Danat prizes.
With the launch of the Danat eGifting Voucher coinciding with Eid Al Adha, the bank is additionally offering a limited time promotion from July 18 to 24, wherein clients using the eGifts during the period will enter exclusive draws to win back the value of their e-gift voucher. The winners will be announced on August 2.
On the new service, Head of Retail Banking Mohammed Buhijji said: "We are pleased to announce the launch of our latest digital product, Danat eGift service, offering our clients a seamless and secure way to send cash e-gifts for any occasion within minutes."
"As part of the Danat Savings Scheme, we continue to encourage our clients to invest in their future, as for every BD 50 invested and maintained, they will earn additional chances to win from a range of life changing prizes," he stated.
The Danat Savings Scheme for 2021 offers the opportunity to win a variety of cash prizes throughout the year, concluding with a grand prize of a luxury villa and a monthly salary of BD10,000 for an entire year.
Clients will have the opportunity to win daily prizes of BD300, monthly prizes worth BD 10,000, and salary prizes which will be drawn each alternating month worth BD,000 monthly for one year, said the statement from ASBB.
Moreover, for the first time, the bank has introduced a brand-new category of exclusive draws for clients who have never won before with monthly prizes of BD1,000, in addition to exclusive draws for those opening accounts via the Al Salam Bank App.
Clients who register and activate their Loyalty Rewards Program account will also be able to earn loyalty points when maintaining a deposited amount in their Danat Savings Account, it stated.
These points may be redeemed against a range of rewards and benefits, including cashback options, airmiles, travel reservations, as well as other rewards which are available on Al Salam Bank’s online shopping store, it added.-TradeArabia News Service