العربية

Grow your business with CIB Business Banking!

Send "Takka" to 4435

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 10 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 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
* 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 90,000 

EGP 120,000 

Monthly Maximum Debit Transaction Limits

EGP 300,000 

EGP 600,000 

Total Customer’s Maximum Position Limits

EGP 750,000 

EGP 1,500,000 

*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
Not what you're looking for?

Comparison

Compare the Easy Business Account against all our business accounts

Compare

Help me choose

Find the product that best suits your needs

Find the right product
Similar products that may interest you
Super Business
Accounts

Super Business Account

An account tailored to grow your business
Certificate
Savings products

Certificate of Deposit

Your long term saving option with attractive interest rates and flexible interest payout
Time
Savings products

Time Deposit (TD)

Make use of your company's capital with flexible short and medium term savings 
View all products
Learning center Useful banking tips

What is the IMF

This time, we’ll look at an organization closely related to the World Bank and plays a similar role in the economies of many countries – the International Monetary Fund (IMF). 

What is the World Bank

What is the World Bank? Like the International Monetary Fund (IMF), the World Bank is an organization made up of the membership of 189 countries that share expertise and resources to achieve two goals: To end extreme poverty, and to promote share prosperity.

How to Reduce the Impact of Coronavirus on Businesses

As many countries still struggle to control the pandemic, the effects of COVID-19 are being seen across the business world as small, medium, and large enterprises continue to report uncertainty about the future.
Browse learning centre
WE care Our dedicated team are committed to meeting your needs

Online

Chat with 'Zaki' our digital assistant to guide you through our products and services, or reach out on social media.

On the phone

For support, including emergencies such as cards closure or immediate critical feedback.

In branch

Our trained team of tellers and relationship managers are here to help you get the service you need. 

We use cookies and similar technologies to personalize your experience , and make sure the most relevant content reaches you. Learn more about our use of cookies.

Reject Accept
    Comparing (0/3)
    Compare
    Comparing (0/3)