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
Daily Investment Accounts in Egyptian pounds
Minimum amount: 5,000 EGPInterest daily / monthly / quarterly
Product quick facts
- EligibilityIndividuals
- CurrencyEgyptian pound
- Minimum AmountEGP 5,000
Profit Rates
| Balance | Interest rate |
|---|---|
| From 5,000 – less than 100 thousand | 10.75% |
| From 100 thousand – less than 500 thousand | 12.75% |
| From 500 thousand – less than 1 Million | 14.75% |
| From EGP 1 Million and above | 16.00% |
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…)
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
Minimum Amount
- Minimum amount: 5,000 EGP