Accounts

For more information

Please call the Nearest Branch or Call

16710

Accounts

Current Accounts-

Manage your banking transactions easily and enjoy a range of features and benefits that meet your needs.

Benefits

  • Non-interest-bearing account

  • Account can be opened with a minimum of EGP 5,000 or 1,000 of any major foreign currencies

  • Account can be opened in Egyptian Pounds as well as any major foreign currency

  • Cheque book facility

  • Offered to individuals and companies

  • Convenient access to your money with your debit card

 

Required Documents

  • Account opening form

  • Copy of national ID or passport copy with a valid residence visa for foreign residents

  • Recent utility bill

 

 

 

 

 

Daily Interest Current Account (Kol Youm)

An exclusively designed account that offers many benefits and interest on your daily balances. Not only that, the more you deposit, the higher the interest you will get.

 

Benefits

  • Daily interest bearing account for both individuals and enterprises

  • Daily profit capitalized on monthly basis

  • Competitive interest rates based on tiers

  • Account can be opened with a minimum of EGP 2,500 for individuals and EGP 5,000 for enterprises

  • Minimum amount to earn interest EGP 50,000 for individuals and EGP 100,000 for enterprises

  • Account can be opened in Egyptian Pounds only

  • Check Book issuance

Required Documents

  • Account opening form

  • Copy of national ID or passport copy with a valid residence visa for foreign residents

  • Recent utility bill

  • Interest will be calculated on the daily closing balance based on the following tiers;

  • Individuals (Personal Accounts)

     

Tiers

From

To

Rate

1

EGP 5,000

EGP 49,999

0%

2

EGP 50,000

EGP 99,999

3%

3

EGP 100,000

EGP 249,99

4%

4

EGP 250,000

EGP 499,99

4.5%

5

EGP 500,000

EGP 999,999

5%

6

EGP 1 Million and over

 

6%

 

  • Enterprise (Non Personal Accounts)

Tiers

From

To

Rate

1

EGP 25,000

EGP 99,999

0%

2

EGP 100,000

EGP 249,999

3%

3

EGP 250,000

EGP 449,99

4%

4

EGP 500,000

EGP 999,99

4.5%

5

EGP 1,000,000

EGP 2,999,999

5%

6

EGP 3 Million and over

 

6%

 

*Interest will be calculated based on actual number of days (year is 365 days)

* Interest will be credited to account at the end of each month

 

 

Exporters Account:

Interest bearing Current Account in foreign currencies

Exporters Account is launched with 2 types of classes: -

  • Regular (Enterprises – Individuals)

  • Exporters (Enterprises)

  • Account is available in USD, Euro and GBP

Target Segment

 Individuals and regular corporate customers emphasizing on exporters.

 

Product Benefits:

  • Special interest rates
  • Wide and diversified range of products appealing to the exporters.
  • Daily calculation and monthly capitalization of the Interest

 

Documentation:

For EBE existing customers:

  • account application form
  • Registration in the Egyptian Export Authority

For the new customers:

  • Account opening application form
  • Export account application form
  • Registration in the Egyptian Export Authority
  • Signature cards
  • Copy of the national ID
  • KYC
  • All documents, policy and procedures for opening a Current Account in FCY (Individuals – Enterprises) to be fulfilled

 

 

Interest will be calculated on the daily closing balance based on the following tiers;

 1-Regular type  :  For USD (For the regular type No interest to be granted on Euro or GBP)

Tiers

From

To

%

1

$ 10,000

$ 49,999

1%

2

$ 50,000

$ 249,999

1.10%

3

$ 250,000

$ 999,999

1.15%

4

Over $ 1 Million

 

1.25%

2- Exporters Type:  For USD

Tiers

From

To

%

1

$ 10,000

$ 49,999

1.125%

2

$ 50,000

$ 249,999

1.25%

3

$ 250,000

$ 999,999

1.35%

4

Over $ 1 Million

 

1.5%

For GBP

1

Over 7,500

 

0.05% GBP

For Euro

1

Over 5,000

 

0.25%

 

 

  • Interest will be calculated based on actual number of days (year is 365 days)

  • Interest will be credited to account after the last day on the month 

     

 

 

Saving Account – Regular:

Bearing account that enable the individuals’ customers to earn interest at the end of each month -quarter – semiannual -  annual based on customer needs.

Saving account can be withdrawn upon demand via either presenting withdrawal ticket over the counter only by the customer himself or through the ATMs

 

Benefits

  • Offered to Individual customers only in local EGP, US$, GBP and EURO

  • Attractive interest rates

  • Low fees account

  • Minimum balance required to open the account: EGP 1,000

  • No minimum age. Minors are also eligible

  • Interest is calculated on the minimum monthly balance and credited to the customers’ accounts quarterly

     

  • Interest Rate for normal saving account:

Currency

1Month

3Month

6Month

12Month

EGP

5.25%

5.50%

5.75%

6.50%

USD

0.10%

0.15%

0.20%

0.25%

Euro

 

 

0.05%

 

GBP

 

 

0.25%

 

 

 

 

 

Saving Account – Tiered:

Bearing account that enable the individual’s customers to earn interest based on the credit balances kept in their accounts.

Account will be appealing for Individual customers who are seeking to earn interest at high rates also, Individual customers keeping high balances in their account and seeking preferential rates

 

Benefits

  • Individual customers only in local EGP

  • Attractive Interest Rates based on the Balance

  • No minimum age. Minors are also eligible

  • Minimum balance required: EGP 250 ,000

  • Interest Rate is calculated on the minimum monthly balance and credited to the customers’ accounts quarterly

  • Interest Rates

EGP 250k - EGP 1Million

>EGP 1Million - EGP 2Million

Above EGP 2 Million

6%

6.50%

7%

 

Documentation:

 

  • For new Customers:
  • Account opening form for individuals
  • Two signature cards
  • Copy of ID/ National ID
  • Know your client form

For existing customers:

  • Opening sub-account request form