If you have foreign currency and want to benefit from the difference between the interest rates on EGP and the foreign currency, also securing a continuous flow of foreign currency, then the Multiple-Currency Savings Certificate is the optimal choice

Features

Best Interest calculated on the equivalent amount in Egyptian Pounds sold according to the bank's Exchange rate
Minimum amount required to issue is L.E. 25000 EGP
Quarter cashing of interest
Offering two types of Multi Currency CD with different yields.
Possibility of borrowing up to 90% of certificate face value
Redeemable after the first 6 months according to the redemption schedule

* Calculated based on Central Bank Discount rate minus 1% currently 8%
* Floating rate according to market situation currently 9%

How to Apply

Through our Online Application Form

Visit any of our branches (visit our Branch Locator page here)

Required Documents to open an account

Valid Identification Document

Valid Residency Document (for expats)

Birth Certificate or Identification Document for Minors

Utility Bill (Electricity, Water...), incase the customer address is different than the address on the identification document

For more information, please call our Customer Contact Center on 19100.