Diaspora Account

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We offer the below two types of accounts for our Diaspora customers:

  • Diaspora Investment Account
  • Diaspora Real Estate Account

Diaspora Mudaraba Investment Account

DBI’s Diaspora Investment Account offers an array of investment opportunities and can be invaluable when seeking investment facilities from the bank.

Features and Benefits

  • Minimum deposit of 500 USD per month
  • Fixed mudaraba deposit account
  • Account can be opened in Dollar, Pound or EURO
  • Customers will be issued with certificate of mudaraba deposit
  • Customers can access investment in the Somali territories using the certificate of mudaraba deposit
  • Preferential rate on foreign exchange and money transfer commission
  • Free financial advisory services
  • Profit paid every 6 months, 12 months, 18 months or 24 months

Requirements

  • Must have held DBI diaspora investment account for minimum of 3 months Minimum
  • Opening and operating balance of 500 USD
  • Original and copy of national ID/Passport
  • 2 recent pass port photographs
  • Certified bank statements for the last 6 months
  • Letter of introduction from employer confirming employment status (starting terms, salary ect) or proof of income if self-employed

Diaspora Real Estate Account

DBI’s Diaspora Real Estate Account is designed for Somali individuals in the Diaspora looking to purchase or built residential properties  in the Somali territories.

Benefits

  • Competitive profit rates
  • Repayment period of up to 5 years
  • Access to investment products