Al-Amal Microfinance Bank review
Updated October 13, 2026 · VaultCue Editorial Team
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Our verdict
For people keeping savings flexible for near-term plans, Al-Amal Microfinance Bank offers easy-access savings through a savings account. It provides a straightforward arrangement for people who prefer flexible access and clear everyday saving habits and want funds kept in a simple structure designed around everyday use.
Key facts
- Best for
- Everyday savers wanting flexible saving access
- Rate type
- Variable↗
- Access terms
- Savings account: withdraw any amount at any time, no daily limit↗
- Account kind
- Easy access↗
- Legal entity
- Al-Amal Microfinance Bank↗
- Headquarters
- Yemen↗
- Founded
- 2002↗
- Support channels
- Email, Phone, Help-centre↗
- Official website
- alamalbank.com
Money transfer
- Transfer fee
- From 250 YER↗
- Delivery time
- Instant payout at all payout points↗
- Payout methods
- Bank, Cash-pickup, Wallet↗
- Fee to send 1,000
- YER 250↗
Facts checked September 26, 2026, 5 sources
Apps and profiles
- Get the app
- Google Play
- Elsewhere
- LinkedInXapps.apple.com
Pros
Pros
- Offers easy-access savings centred on a savings account format
- Maintains a clear focus on flexible everyday saving
Who it suits
- People keeping savings flexible for everyday goals
- People preferring straightforward saving arrangements
How Al-Amal Microfinance Bank compares
Where Al-Amal Microfinance Bank is available
- Available
- Yemen
- Licence in Yemen
- Central Bank of Yemen, checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What savings products does Al-Amal Microfinance Bank cover?+
Al-Amal Microfinance Bank provides a savings account described as easy-access. The arrangement centres on flexible everyday saving with a simple structure. People considering it often reflect on goals and access needs before choosing.
How does easy-access saving work at Al-Amal Microfinance Bank?+
Easy-access saving at Al-Amal Microfinance Bank means saving held in a savings account with flexible access. The design supports everyday goals rather than fixed structure. People often consider habits and plans when looking at flexible saving.
Who might consider saving with Al-Amal Microfinance Bank?+
Al-Amal Microfinance Bank appeals to people who want saving kept flexible for everyday purposes. The savings account offers a straightforward home for near-term plans. Personal goals and access preferences help shape the choice.
Which company operates Al-Amal Microfinance Bank?+
Al-Amal Microfinance Bank is operated by Al-Amal Microfinance Bank. (Source, checked September 26, 2026)
Where is Al-Amal Microfinance Bank based?+
Al-Amal Microfinance Bank is based in Yemen. (Source, checked September 26, 2026)
When was Al-Amal Microfinance Bank founded?+
Al-Amal Microfinance Bank was founded in 2002. (Source, checked September 26, 2026)
How can I contact Al-Amal Microfinance Bank support?+
Al-Amal Microfinance Bank offers support through Email, Phone, Help-centre. (Source, checked September 26, 2026)
Sources
- alamalbank.com/en/about checked September 26, 2026
Backs: Founded, Headquarters, Legal entity, Licences
“It was established under the Yemeni Law (23) of 2002”
- alamalbank.com/en/services/1 checked September 26, 2026
Backs: Account kind, Rate type
“Saving Accounts: A bank account that gives the customer a safe way to save his money, and the customer is allowed to move it at any time for withdrawals and deposits, and it is not subject to a...”
- alamalbank.com/faq checked September 26, 2026
Backs: Access terms, Support channels
- alamalbank.com/history checked September 26, 2026
Backs: Delivery time
“execute the payout process instantly at all payout centres”
- alamalbank.com/service/5 checked September 26, 2026
Backs: Payout methods, Transfer fee, Fee to send 1,000
“Direct deposit into the accounts of the bank's customers inside Yemen; receive transfers from any branch, one of its agents, or more than 3,600 service points; transfers via the PYES account”
Compiled from 5 source pages, checked October 13, 2026. We did not open an account.
Not confirmed yet: Headline rate, Term, Minimum deposit, Deposit protection.