How do I open an account with Summit Bank?
Account in Summit Bank can be opened at any Branch of the Bank. Our Personal Banking Officer will assist you in completing the formalities of opening your account with us.
How many types of accounts does Summit Bank currently offer?
Summit Bank is currently offering the following accounts:
- Current Account
- Saving Accounts
- Basic Banking Account
What are Time or Fixed deposits?
Time or Fixed deposits are deposits which a bank accepts for a specified period of time.
What is the minimum and maximum period for which deposits are accepted by Summit Bank?
The minimum Period of deposit is 7 Days and the maximum is 5 Years.
Is there any requirement of minimum balance in any of your accounts?
No, there is no such requirement.
How long will it take you to issue me a cheque book?
The cheque book will be issued between 24 & 72 hours. We also provide our customers with a Starter Cheque Book containing 5 Leaves that is provided to you as the account is opened.
Can someone else operate my account on my behalf?
Yes, if you authorize any person to operate your account by executing a power of attorney and submitting it, that person can operate the account.
What are the banking hours of Summit Bank branches?
The banking hours are from 09:00 in the morning till 05:00 in the evening, NON STOP.
Can I open an account with Summit Bank if I am a non-resident Pakistani?
Yes, we will be glad to open your account.
How can I contact Summit Bank?
You can visit any of our branches, contact us on telephone or email us for any queries. The location of our branches, contact numbers and email addresses are given in the Contact Us section of our website.
What is an e-cash?
E-cash is the name we have given to our ATM card.
What are the benefits of having an e-cash?
E-cash provides you a convenient way to get cash and check how much funds you have in your account. E-cash will make cash available to you 24 hours a day, seven days a week.
What are the requirements of being issued an e-cash?
At the time of opening an account with us, you are required to fill out an e-cash application. You will be provided with your e-cash within 7 working days.
Is there a daily limit on cash withdrawals?
Yes, your daily cash withdrawal limit is RS 25,000 per day, subject to the availability of funds in your linked Summit Bank account.
Is there a daily limit on number of cash withdrawals?
No, there is no limit on number of withdrawals of cash per day, provided the aggregate amount doses not exceed the maximum limit.
Will all ATMs allow withdrawal through my e-cash?
You can access your account from more than 1,200 ATMs across Pakistan. Just look for any ATM bearing the MNET / 1 Link sign for 24-hour accessibility and superior convenience.
Will I receive proof that my transaction was processed?
Our ATMs will provide you an instant mini-statement by which you would get assurance that your transaction has been processed.
What do I do if my e-cash is lost or stolen?
Immediately place a call or visit any Summit Bank branch or use our e-banking facility to get your card cancelled and get a new one.
What do I do if I forget my PIN?
If you forget your e-cash PIN number, you can visit any Summit Bank Branch and we will be happy to issue you a new PIN.
What do I do if I mistype my PIN?
If you mistype your PIN three times the ATM machine will sieze your card for security reasons. Immediately place a call or visit any Summit Bank branch and get your new e-cash.
How many days does it take to issue me a new e-cash?
It will be issued within 7 working days.