Common Items
Yes, all signatories must sign the forms at a CIB branch with CIB staff present.
Yes, any company can open a foreign currency account. (Easy and Super Business accounts are offered for local currencies only).
All CIB accounts are opened on the same or the next working day.
All legal entities are eligible as long as the authorized signatories sign the required documents as per the company’s updated commercial register. Small companies with fewer transactions are eligible for alternative channels.
Accounts results
The application process is the same as a normal CIB account application. The authorized signatories must visit the nearest branch in order to fill out the needed documents, including the account opening form, debit card form, GTS subscription form, etc.
Account application fees vary based on the account type. For more information, please click here.
All CIB accounts are opened on the same or the next working day.
Yes. To switch to an Easy Business account, visit the nearest branch to sign the account change form.
Yes, any company can open a foreign currency account. (Easy and Super Business accounts are offered for local currencies only).
Branch access fees are applied to Easy Business account holders who execute transactions through branch channels rather than online channels and ATMs.
Only Easy Business customers have to pay branch access fees if the executed branch transactions can be made through online channels or ATMs.
Your company’s authorized signatories must fill out and sign the account opening form and proceed with the standard account opening process.
All legal entities are eligible as long as the authorized signatories sign the required documents as per the company’s updated commercial register. Small companies with fewer transactions are eligible for alternative channels.
Companies are charged a monthly subscription fee of EGP 100 per month. No other fees apply.
Yes, both new and existing customers are eligible.
No, additional chequebooks are not free. Standard fees apply.
No, all products are optional as per the company’s needs and requests. The account is designed to serve the customers through digital channels. Click here for more information.
Yes, all signatories must sign the forms at a CIB branch with CIB staff present.