The Encouragement of Saving Law defines a savings plan
as a program meant for private customers only, who wish
to deposit their money in solid investment vehicles for
terms of two to eighteen years, with the possibility of early
withdrawal at predetermined and foreknown times.
Savings plans allow you to make risk-free
medium- and long-term investments that
deliver an assured yield.
- Bank of Jerusalem, more than any other bank…
Due to its mortgage activity, Bank of Jerusalem offers its
customers a wide range of savings plans for terms ranging
from two to eighteen years and with t he utmost of flexibility.
Thus it can pay higher interest and tailor its savings plans to
customers’ personal needs.
At Bank of Jerusalem, you may use accrued savings as
collateral for loans and credit
- How to choose the savings plan that’s right for you
Purpose of saving—how much saving you should do to attain your goal.
Type of deposit—monthly or lump-sum.
Type of investment—fixed and assured interest or high variable interest.
Type of indexation—to the Consumer Price Index or the U.S. dollar.
Type of redemption—lump-sum withdrawal or current monthly income.
We will be pleased to host you at any of Bank of Jerusalem’s branches.
There’s no commitment on your part. You’ll be impressed with
the reliability, professionalism, and discretion of our service
representatives officers, who will help you to choose the savings
program that best meets your needs
- Our savings plans
- Lump-sum deposit pegged to the Consumer Price Index
- Indexed to the exchange rate
- With current income
- Monthly deposits
