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| Definition: |
NBAD's ROD - Salary in Advance program is designed to handle any sudden short-term financial needs by entitling
the customer to withdraw 100% of his monthly salary in advance every month.
This facility is available for all NBAD salary transfer customers either Egyptians or Expatriates.
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| Features and Benefits: |
- Faster than loans and cheaper that credit cards.
- No annual or administration fees.
- No monthly installments, debit balances are automatically settled upon receiving the monthly salary.
- Very attractive financing rate.
- Very quick processing time.
- Easy access to withdraw or deposit through Visa Electron.
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| Initial Required Document: |
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Standing instructions from the customer to assign his salary account with NBAD as a recovery account for his ROD.
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