The couple can withdraw all the gift contributions, without any commission or charges. They can also opt to switch the account status, to a savings one, for the future.
The Wedding Account provides couples with exceptional flexibility and advantages. They include:
Payment Methods:
- Guests will be able to easily share their gifts online through a secure payment gateway using any credit card
- The guests will be able to contribute to the wedding list, at any Cedrus Bank Branch
Benefits:
- Free debit cards to spend the cash gifts, available in the account at any point of sale, or they can withdraw cash from any ATM machine
- Free ATM withdrawals using the Cedrus Debit Card in more than 350 locations across Lebanon
- Free Platinum Credit Card (T&C apply)
- Free Online Banking service
- Free Mobile Banking service
- Free statement of account (upon request)
- SMS Alerts that inform of depositors' names and deposit amounts
- Guests will receive a personalized SMS thanking them for their contribution
- Preferential credit interest rates
- Preferential interest rates on personal loans
- Available in LBP or USD
- No minimum opening balance
- Credit interest: 0.5% on USD & 1.5% on LBP
- Total withdrawal of the gift contributions from the account without incurring any charges
- Next business day value date, on cash deposits at the branch
- Same value date on ATM cash deposits