Benefits
Every detail designed to deliver a smoother, more intelligent banking experience.
- Interest calculated from the next working day of issuance date
- No issuance fees
- Eligible to borrow up to 95% of its value
Current Plus 3 years Floating CD
Reach your goals securely. Save for tomorrow in local currency while you enjoy the Suez Canal Bank benefits.
Required documents
- Copy of valid National Identification for Egyptians or passport for Foreigners. Original document should presented
- Copy of birth certificate for minors. Original should be presented
- Recent utility bill (electricity, telephone bill, ...etc)
Terms & Conditions Applied
Redemption conditions - For daily frequency payout
- Certificate may be prematurely redeemed after the first 6 months, according to the redemption rules announced at SC Bank
- From the 7th to the 12th month: the discount rate of the annual return rate applied to the certificate is 3%
- During the second year: the discount rate of the annual return rate applied to the certificate is 2%
- During the third year: the discount rate of the annual return rate applied to the certificate is 1%
Redemption conditions - For Monthly frequency payout
- From the 7th to the 12th month: the discount rate of the annual return rate applied to the certificate is 2%
- During the second year: the discount rate of the annual return rate applied to the certificate is 1.5%
- During the third year: the discount rate of the annual return rate applied to the certificate is 1%