"El Mongez Business" Current Account for Micro-Enterprises
A business current account designed for all types of commercial, industrial, service, or agricultural activities, with no interest.
Now you can open a business account for your business activity at Banque Misr using only a valid national ID and one of the following: a tax card, a commercial registration (issued within the last 3 months), a business premises lease contract, or a professional license.
Key Features of El Mongez Current Account:
- Account opening is free, with no minimum balance requirement
- Free instant debit card issuance (renewal fees apply)
- Chequebook issuance available
- Ability to subscribe to digital collection services (e.g. E-Commerce, POS, QR Code)
- A special bundle of non-financial services (such as training, technical support, etc...)
- Easy access through Banque Misr branches or ATMs across Egypt — 24/7
- Convenient account management via BM Online (Internet & Mobile Banking) or by calling 19888
Terms and Conditions:
- Available for new and/or existing customers with registered micro-enterprises that have business documentation or a fixed location. If not available, the account may still be opened upon verification of business activity.
- The account holder must be at least 21 years old.
- Daily, monthly, and maximum balance limits apply as follows:
Limit Type |
Maximum Limit |
Daily withdrawal limit |
EGP 120,000 |
Monthly withdrawal limit |
EGP 600,000 |
Maximum account balance |
EGP 800,000 |
*Transactions exceeding these limits will be automatically declined