REFAH BANK

Openning A Bank Account

International students need a bank card to spend money in daily purchases. Having a bank account can be also a great tool for managing your personal finances and help you determine how and where you are spending your money and put you on track for a reasonable savings plan.

The MUI makes it possible for you to open a bank account easily at the University. It allows you to do everything you will need to do as a student: transfer money, withdraw cash at an ATM, pay for items with the card in stores, and the other things.

Here is the process of opening Refah Bank Account for our international students:

For opening up an account, the bank requires some forms of identification. There are some required documents as follows that have to be sent to the bank:

  • The passport and a copy of its main pages - Note: passport with a soon to expire date is not valid.
  • The MUI student card and a copy
  • The Visa and a copy

In the first step, students have to supply the necessary documents.

Students should refer to the International Students Coordinator, and apply for opening a bank account. The responsible person gets the documents mentioned above in order to launch the approval process.

The next step is to fill out the Form No.1, which contains identity information and personal details filled by our international students.

The MUI office submits completed form No.1 and other documents for approval.

The Bank reviews and approved new applications submitted by the MUI office. It takes at least one week.

As the last step, the students go to the bank branch at the University, fill related form in the bank and pay related cost for getting their bank card.

  • For going to the bank, having MUI student card is necessary.

 

Attention1: After approximately 24 hours, the bank card is activated and is ready for use.

Attention2: Students can also activate Mobile Banking Application to conduct financial transactions remotely using a mobile device, or Internet Banking and other facilities available for online use of the bank card. If they wonder how to do so, they must ask bank clerks for more information.