Business saving account
Open your Business saving account to enjoy the best advantages of both Saving and Current accounts.
- Business saving accounts offered to individuals customers.
- Minimum age for account opening eligibility is 21 years.
- Available in local currency only.
- Interest is calculated based on monthly lowest balance, Posting monthly.
- Cheque-book eligibility after 3 months.
- Debit card issuance free for first time.
- Minimum opening balance: 1000 EGP
- Minimum balance for interest: 5000 EGP
- Payment frequency: Monthly
- Valid national ID.
- Valid passport for Resident foreigners.
- Recent utility bill as proof of residence (Electricity bill - water bill - landline telephone bill - gas bill).
- Work verification documents.
| Tranches | Return rates |
|---|---|
| Less than 5K | 0% |
| 5k: 10K | 2% |
| 10K: 100K | 4.5% |
| 100K: 500K | 5.5% |
| More than 500K | 6.5% |