Arab Bank Palestine review
Updated October 13, 2026 · VaultCue Editorial Team
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Our verdict
Arab Bank Palestine provides current accounts, cards, loans and remittance services with mobile and online access for daily money needs. For households managing spending, saving and transfers together, it keeps transactional banking and savings options within one regional banking relationship.
Key facts
Savings
Money transfer
- Payout methods
- Bank↗
Facts checked September 26, 2026, 6 sources
Apps and profiles
- Get the app
- Google Play
- Elsewhere
- en.wikipedia.org
Pros and cons
Pros
- Covers current accounts, fixed deposits, cards, loans and insurance solutions
- Includes remittance services and cross border programmes for transfers
- Provides mobile and online banking alongside machines and branches
- Maintains points programme and wealth management beside everyday accounts
Cons
- Range concentrates on core banking products with fewer specialised extras
- Structure reflects a large regional group rather than a local only bank
- Digital and branch mix requires comfort with several different channels
Who it suits
- Households managing spending and saving in one place
- Customers sending money across borders
- Card users wanting loans and insurance nearby
Who should look elsewhere
- People seeking providers outside licensed banking
How Arab Bank Palestine compares
Frequently asked questions
Which products does Arab Bank Palestine cover?+
Arab Bank Palestine covers accounts alongside cards, loans and credit facilities for everyday needs. Insurance solutions, remittance services and wealth management broaden the range beyond transactional banking. Savings formats include easy access options and fixed deposits.
Where does Arab Bank Palestine operate?+
Arab Bank Palestine serves customers in Palestine with local account numbering and IBAN generation. Wider group activity supports cross border programmes and international transaction banking. That structure connects domestic accounts with transfer routes outside the local market.
What are everyday accounts used for here?+
Everyday use centres on current accounts for payments and transfers plus cards for spending. Savings options support money set aside separately from daily transactions. Loans, credit facilities and remittance services address borrowing and sending money needs.
Which company stands behind Arab Bank Palestine?+
Arab Bank Palestine operates as part of the wider Arab Bank organisation. Corporate material points to a board of directors, published financials and a stated history and vision. Sustainability reporting and people focused material form part of that corporate identity.
Where is Arab Bank Palestine based?+
Arab Bank Palestine is based in Palestine. (Source, checked September 26, 2026)
When was Arab Bank Palestine founded?+
Arab Bank Palestine was founded in 1930. (Source, checked September 26, 2026)
How can I contact Arab Bank Palestine support?+
Arab Bank Palestine offers support through Phone, Chat, Help-centre. (Source, checked September 26, 2026)
Sources
- arabbank.ps checked September 26, 2026
Backs: Headquarters, Legal entity, Support channels
“Palestine”
- arabbank.ps/mainmenu/home/personal-banking/accounts checked September 26, 2026
Backs: Rate type
“Fixed deposit accounts carry a certain interest the percentage of which shall be set at the time of deposit and upon each renewal.”
- arabbank.ps/mainmenu/home/personal-banking/e-deposits checked September 26, 2026
Backs: Access terms, Account kind, Minimum deposit, Pricing model, Term
“Now you can book a new electronic fixed deposit conveniently at any time without visiting the branch via "Arabi Mobile" app.”
- arabbank.ps/mainmenu/home/personal-banking/remittance-ser... checked September 26, 2026
Backs: Payout methods, Transfer fee, Fee to send 1,000
“Now you can transfer funds from your account to any other Arab Bank account at any of our branches in Palestine or abroad for free.”
- arabbank.ps/smartmenu/smart-menu/about-us-2/our-history checked September 26, 2026
Backs: Founded
“With seven investors and a startup capital of 15,000 Palestinian Pounds, Arab Bank was registered on May 21, 1930 and commenced its operations in Jerusalem on July 14 of the same year.”
- arabbank.ps/smartmenu/smart-menu/lending-interest-rate checked September 26, 2026
Backs: Headline rate
“Interest Rates Deposit Accounts NIS Less than One Month 0.50% ... Due Over9 Months till12 Months 0.60%”
Compiled from 6 source pages, checked October 13, 2026. We did not open an account.
Not confirmed yet: Monthly fee, Licence type, Deposit protection, Currency conversion fee, Currencies.