Personal Banking FAQs

Required documents for opening a Savings Account:

• Age 16 to 21 years old:A valid national ID & University ID only
• Age 21 and above:A copy of your valid National ID, or valid passport for foreigners
  • Recent original utility bill (electricity or gas)
  • Proof of income
  • Proof of permanent address for foreigners.

Required documents for opening a Current Account:

• Staring Age 21 years old
  • Copy of your valid National ID, or valid passport for foreigners
  • Recent original utility bill (electricity or gas)
  • Proof of income
  • Proof of permanent address for foreigners

CDs can be redeemed after six months, either partially or fully, if the time period ranges from 3-5 years. If the time period is under 3 years, it can be redeemed, either partially or entirely, after one year.

The minimum purchase amount of fixed interest rate for a CD is EGP 1,000 and its multiples, EGP 5,000 (with quarterly interest payments and multiples of EGP 1,000), or EGP 6,000 (with monthly interest payments and multiples of EGP 1,000) for the floating interest rate CD and with a minimum purchase amount of EGP 5,000 and its multiples for the cumulative interest rate CD.

For existing CIB customers, visit your nearest CIB branch with your valid national ID (for Egyptians) or your passport (for non-Egyptians). For non-CIB customers, open an account and book the CD or TD, as required.

• Easy Accounts: No minimum initial deposit is required to open the account.
• Classic Saving Account: The minimum balance to open the account is EGP 20,000, or USD/GBP/EUR 1000.
• Smart Saving Account: The minimum amount to open is EGP 100.Premium Savers Account: The minimum balance to open the account is EGP 20,000.

CIB wealth customers can receive a complimentary Wealth Platinum debit card at issuance.Plus customers can apply for CIB Titanium debit card.

Generally, yes. Obtaining a CD or TD with CIB will allow the bank to extend your credit of up to 95% of the value you put into the CD or TD, while leaving the CD and TD there earning interest. There are a few matters that can make a difference here, so please talk to a banking professional to tell you exactly how and what happens.

For existing CIB customers, visit your nearest CIB branch with your valid national ID (for Egyptians) or your passport (for non-Egyptians). For non-CIB customers, open an account and book the CD or TD, as required.

EGP 30 for amounts less than EGP 10,000. Wealth customers are waived.

Make a deposit at a CIB branch or via ATM. (Cardless deposits are caped to EGP 20,000/day)

For existing CIB customers, visit your nearest CIB branch with your valid national ID (for Egyptians) or your passport (for non-Egyptians). For non-CIB customers, open an account and book the CD or TD, as required.

• Annual fees: Admin fees except for Payroll, Wealth, Senior Citizen, and Youth accounts
• Mail Fees
• Monthly fees: Minimum balance fees if the total balance is less than EGP 10,000 except for Minor, Payroll, Youth, and Borrowing customers.

Required documents for opening a Savings Account:

• Age 16 to 21 years old:A valid national ID & University ID only
• Age 21 and above:A copy of your valid National ID, or valid passport for foreigners
  • Recent original utility bill (electricity or gas)
  • Proof of income
  • Proof of permanent address for foreigners.

Required documents for opening a Current Account:

• Staring Age 21 years old
  • Copy of your valid National ID, or valid passport for foreigners
  • Recent original utility bill (electricity or gas)
  • Proof of income
  • Proof of permanent address for foreigners

You can activate a debit or credit card through the following:

1. Call the CIB Call Center at 19666
2. Use CIB's Interactive Voice Response

The minimum purchase amount of fixed interest rate for a CD is EGP 1,000 and its multiples, EGP 5,000 (with quarterly interest payments and multiples of EGP 1,000), or EGP 6,000 (with monthly interest payments and multiples of EGP 1,000) for the floating interest rate CD and with a minimum purchase amount of EGP 5,000 and its multiples for the cumulative interest rate CD.

Interest rates can be credited to your account monthly, quarterly, semi-annually, annually or at maturity.

CDs can be redeemed after six months, either partially or fully, if the time period ranges from 3-5 years. If the time period is under 3 years, it can be redeemed, either partially or entirely, after one year.

Now with CIB's Up-front Time Deposit, you can enjoy the benefit of collecting your interest the same day you book it. This service is available in the local currency only and is offered to both corporate and individual customers. This form of TD has tenors ranging from one week to one year. When receiving the interest up front, it can be redeemed partially or fully. This form of TD is non-renewable, unless used as security. If used as security, you can pledge up to 75% of the TD for the loan, overdraft, or credit card.