CIB>>Business>>Products and Services>>Accounts>>Time Deposit

Time Deposit

 
​​​​The best option for your short- and medium-term saving investments!
Your money works around the clock!


 
If you are looking for short- or medium-term investments, you will find what you need with CIB Time Deposits (TDs):
  • Time deposits are offered for a fixed period of time starting from one week and reaching up to two years, where a fixed amount is deposited with a fixed interest rate and maturity date 
  • Time deposits are offered in a variety of currencies: EGP, USD, EUR, and GBP
  • Time deposits are available to individuals and corporate customers
  • Interest is deposited to any of the customer's accounts
  • Automatic renewal is optional upon customer’s request

  • Overdraft facility reaches up to 95% of the deposit*


Interest Frequency:

Time Deposits in Local currency 

  • Starting from one week and up to 3 months, interest is earned at maturity
  • Starting from 6 months and up to 18 months, interest is earned monthly or at maturity
  • Two-year time deposits, interest is earned monthly, quarterly, or annually


Time Deposits in Foreign currency

  • Foreign currency Time deposits (USD, EUR, and GBP), Interest is paid at maturity


For announced interest rates click here


Required Documents:

  • Time deposit application
  • Note: Time deposit cannot be booked without maintaining an account at CIB
 
For more information, please call 19666 or visit your nearest CIB branch
 
For terms and conditions, click here. 
* Terms and Conditions Apply