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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 in EGP/USD

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

  • EGP 10 monthly subscription fee or equivalent in USD
  • No minimum account balance required
  • Free debit card issuance for EGP accounts only
  • Free deposit card issuance for EGP accounts only 
  • Exempted account opening fee
  • Free subscription to CIB Business Online
  • P.O.S. available upon request for EGP accounts only 

Bedaya Business EGP/USD

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 or equivalent in USD
  • No minimum account balance required
  • Free debit card issuance for EGP accounts only 
  • Free deposit card issuance for EGP accounts only 
  • Exempted account opening fee
  • Free subscription to CIB Business Online
  • P.O.S. available upon request in EGP only 
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 10
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

In-Branch Fees EGP 100 /visit

Branch visit fees will be applied to any transactions except for Cash withdrawals and deposits from USD account.

Bedaya Current Bedaya Business 
Daily Maximum Debit Transaction Limits

EGP 90,000 or equivalent to in USD

EGP 120,000 or equivalent to in USD
Monthly Maximum Debit Transaction Limits

EGP 300,000 or equivalent to in USD 

EGP 600,000 or equivalent in USD
Total Customer’s Maximum Position Limits

EGP 750,000 or equivalent to in USD

EGP 1,500,000 or equivalent to USD 
*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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