Al Awael Savings Account

Suez Canal Bank offers ethical, Sharia'-compliant activities with the intention of generating profit on your deposits.

Overview

Eligibility to open account:

• Savings account for students with grades equal to or higher than 85% or those with a general grade equal to or higher than "very good". for all education levels.

Currency:

Egyptian Pound

Minimum Amount:

5,000 EGP

Return Rate:

The account receives a prize of an additional 1.5% over the quarterly return.

For last period return rates Click here.

Return Frequency:

Return and prize are paid every 3 months.

Return Calculation:

Return is calculated on account’s monthly minimum balance.

To receive the prize, account balance should exceed 5,000 EGP.

Benefits

Access account through prompt and efficient service from any Suez Canal Bank branch.

account statement

Convenient and easy way to monitor your transactions via any of the following:

Printed account statement.

E-banking Services.

Other Benefits

Obtain a debit card without issuance fees for the first year.

No fees required to open the account.

Deposit and withdraw funds anytime.

Required Documents

Copy of the guardian’s valid National ID. Original should be presented on account opening.

Copy of birth certificate for minors. Original should be presented on account opening.

Recent utility bill (electricity, telephone bill, ...etc).

* Other documents may be requested.

* Terms and conditions apply.