LogoSaving Accounts
Savings Accounts
Banque du Caire’s Savings Account offers a competitive periodic return which is calculated on a tiered-rate basis (monthly, quarterly, semi-annual or annually). Enjoy the flexibility of account withdrawal and deposit at any time.
Benefits:
- Deposits and withdrawals from any of Banque du Caire branches all over Egypt
- Offers flexibility of withdrawal and deposit at any time
- Accessibility of deposit and withdrawal 24/7 from any ATM
- Possibility of salary and pension transfer to the account
- Debit card issuance
- Possibility of cheques’ and bills’ collection
- Possibility of payment of obligations, invoices and money transfers
- Receive periodic account statements
- Free subscription to the Interactive Voice Response (IVR)
- Possibility of a secured credit card against savings accounts with the same currency, on favorable terms
Features:
- For individuals only
- Checkbook issuance is not permitted
- The minimum to open the account and calculate return:
| Currency | EGP | USD | Euro | GBP | ||
|---|---|---|---|---|---|---|
|
Minimum to open an account |
EGP 3,000 | USD 100 | EUR 100 | GBP 100 | ||
|
Minimum balance to calculate return |
EGP 5,001 |
USD 20 |
EUR 25 |
GBP 25 |
||
- Return is calculated on minimum balance during the month based on the following tiers for saving accounts in local currency:
| Tier (EGP) | Monthly | Quarterly | Semi-Annually | Annually |
|---|---|---|---|---|
|
Less than 5,000 |
0.00% |
0.00% |
0.00% |
0.00% |
|
5,001 – 100,000 |
2.75% |
2.90% |
3.00% |
3.10% |
|
100,001 – 1,000,000 |
2.90% |
3.00% |
3.10% |
3.25% |
|
1,000,001 – 2,000,000 |
3.50% |
3.75% |
4.00% |
4.25% |
|
2,000,001 and above |
6.00% |
6.25% |
6.50% |
6.50% |
| Minimum interest amount to be paid | EGP10 | EGP 25 | EGP 50 | EGP 100 |
- Return is calculated on the minimum balance during the month for Savings Accounts with periodic return in foreign currencies
| Currency | Annually | Semi-Annually | Quarterly | Minimum Interest Amount to be paid |
|---|---|---|---|---|
|
USD |
0.56% |
0.41% |
0.26% |
USD 1 |
|
GBP |
0.125% |
0.0625% |
0.03125% |
GBP 1 |
|
EUR |
0.010% |
0.010% |
0.010% |
EUR 1 |
Required Documents:
- National ID and Birth certificate for minors
- Passport for foreigners
- Recent utility bill (with current address)
- Account opening terms and conditions