Eligibility
Individuals and Corporates
Currency
EGP
Minimum Amount
Minimum amount: 10,000 EGP
Interest Structure
Interest Rate
Competitive Interest rate of 5.75% calculated on the daily balance and paid quarterly
Interest Rate
The interest calculated on the daily balance according to the table below and paid on a monthly basis:
| Balance |
Interest Rate |
| From 100 thousand to less than 1 million EGP |
4.50%
|
| From 1 million to less than 5 million EGP |
5.00%
|
| From 5 million EGP and above |
5.50%
|
Interest Rate
The interest calculated on the daily balance according to the table below and paid on a monthly basis:
| الرصيد |
سعر العائد |
| From 100 thousand to less than 1 million EGP |
4.00%
|
| From 1 million to less than 3 million EGP |
4.50%
|
| From 3 million EGP and above |
5.00%
|
Investment Accounts Terms and Conditions:
100 EGP or 5 USD per month required-charged fees, if the balance is less than the minimum required account balance
All expenses are subject to the bank list of fees and commission regulations
The interest disbursed under the account until the final settlement is made at the end of each fiscal quarter, according to the actual results of the activity
Benefits
The possibility for issuing a chequebook
Competitive Interest rates
Easy cash withdrawal and deposit
Obtaining a direct debit card for individuals that allows cash withdrawals from any ATM or easily pay for Local / International purchases
Required Documents
Request to open an account
Copy of a valid ID card for Egyptians or a passport for foreigners, original documents should presented
Recent utility bill (electricity, telephone, etc…)
* Other documents may be required.
* Terms and conditions apply.