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Grow your business with CIB Business Banking!

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FEATURES No matter the size of your business, 'Bedaya' accounts are for you!

CIB's 'Bedaya' accounts for businesses are introduced to facilitate managing business finances for companies and self-employed individuals with minimum requirements and simplified account opening process.

Bedaya Account Showcase

Low fees

Enjoy low monthly subscription fees with no account opening fees or minimum balance required

Point of Sale

Enjoy convenient and seamless experience with CIB POS Solution 

CIB Business Online portal

Free access to CIB Business Online portal to manage your daily banking transactions on the go through our flexible and secure online channel

Types Types of 'Bedaya' Accounts for Businesses and Free Professions

Bedaya Current

Bedaya current account is mainly designed for self-employed customers who do not have an activity permit or workplace as follows;

  • EGP 5 monthly subscription fee
  • No minimum account balance required
  • Free debit card issuance
  • Free deposit card issuance
  • Exempted account opening fee
  • Free subscription to CIB Business Online
  • P.O.S. available upon request 

Bedaya Business

CIB Business Banking offers 'Bedaya Business' account to Egyptian companies and startups with a commercial register or activity permit license  or  workplace to help them manage their business  efficiently as follows;

  • EGP 20 monthly subscription fee
  • No minimum account balance required
  • Free debit card issuance
  • Free deposit card issuance
  • Exempted account opening fee
  • Free subscription to CIB Business Online
  • P.O.S. available upon request 
Fees & charges Discover the account fees and charges

Here are the details of the fees and charges for a Bedaya Account

Bedaya Business Bedaya Current
Application fees

Zero

Zero
Minimum balance

Not applied

Not applied
Minimum balance fees

Not applied 

Not applied
Monthly subscription

EGP 20 

EGP 5
Branch fees

EGP 100

EGP 100
Debit card issuance fees

Free

Free
Deposit card issuance fees

Free

Free
CIB Business Online

Free

Free
Checkbook issuance

Allowed

Not allowed
Admin fees

Zero

Zero
* A fee of EGP 100 is deducted from the customer's account for some in-branch teller transactions (e.g., cash withdrawal/deposit, internal & external transfers, credit card settlement) regardless of the transaction amount.
Bedaya Current Bedaya Business
Daily Maximum Debit Transaction Limits

EGP 60,000

EGP 80,000
Monthly Maximum Debit Transaction Limits

EGP 200,000

EGP 400,000
Total Customer’s Maximum Position Limits

EGP 500,000

EGP 1,000,000
*In case the customer breached any of limits under Bedaya Current or Bedaya business, the bank will suspend the account, and the customer shall visit nearest CIB branch to make customer data update and change his /her account to Supper business account or current account in order to avoid account closure .

Requirements Find out the required documents needed to open the account

  • Valid National ID
  1. Companies with commercial register
    • Valid commercial register
    • Valid National ID (signatories, partners >= 25% share)
    • Investment gazette for joint stock companies or company contract and last amend in case of non-sole companies
    • Valid national ID of the person with authority to manage the company
  2. Self-employed with workplace
    • Valid National ID
    • Workplace proof
  3. Self-employed with activity permit
    • Valid National ID
    • Activity permit license
Apply now

Bedaya business Account Terms and Conditions

Terms and Conditions
Terms and Conditions.pdf 0.6 MB
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