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"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

 

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