| Features of the "Elite" Dollar Certificate | |
| Currency | US Dollar |
| Tenor | 3 years, starting from the following working day of purchase date |
| Renewal | Not Renewable |
| Certificate Denomination | USD 1000 and multiples |
| Eligibility | Individuals, Egyptians, or foreigners |
Yield Type | Fixed Return |
| Annual Interest Rate | 7% paid in US dollars |
Payment Frequency | Quarterly |
Redemption Conditions | The value of the certificate can not be redeemed before 6 months from the following working day of purchase date. After that period, redemption can be made in US Dollars, provided that the return is recalculated according to the following redemption rates:
Interest is not calculated for fractions of the month |
Certificate Type | The certificate is nominal and may not be traded, endorsed, transferred, discounted, mortgaged, or disposed of in any form of transfer of ownership except in favor of Banque Misr. |
Lending | Eligible for Lending in Egyptian pounds against the guarantee of the certificate in accordance with the instructions in force and the interest rates on the date of lending as follows:
Maximum client-level financing: EGP 10M |
Click here to purchase the certificate
* for better experience; we recommend opening this link using a laptop
or PC
purchasing US Dollars Certificates from Banque Misr’s website |
Note:
After completing the purchase process, the customer will be able to:-
- Transfer the interest to the account from which the principal amount is transferred
- After six months: request for refund and transfer of the original amount of the certificate in addition to the interest for the previous period to the same account transferred from
- At the end of the certificate period: the customer will be able to retrieve the original certificate plus the interest and transfer them to the account transferred from it by sending a request to the email: bmonboarding@banquemisr.com
Click here to receive a call from BM Customer Service representative
Features of the Al-Qema Dollar Certificate | |
Currency | US Dollar |
Tenor | 3 years, starting from the following working day of purchase date |
Renewal | Not renewable. |
Certificate Denomination | USD 1000 and multiples |
| Eligibility | Individuals, Egyptians, or foreigners |
Yield Type | Fixed Return |
Annual Interest Rate | 9% granted in US dollars and paid in advance for the entire duration of the certificate in the equivalent to Egyptian pounds according to the purchase exchange rate announced by the bank on the date of purchase of the certificate. |
Frequency | Interest paid in advance in the customer's account in Egyptian pounds on the following working day of certificate purchase date. |
Redemption Conditions | The value of the certificate can not be redeemed before 6 months from the following working day of purchase date. After that period, redemption can be made in the currency of the certificate, provided that the return is recalculated according to the following redemption rates:
Interest is not calculated for fractions of the month |
Certificate Type | The certificate is nominal and may not be traded, endorsed, transferred, discounted, mortgaged, or disposed of in any form of transfer of ownership except in favor of Banque Misr |
Lending | Lending against the certificate is not allowed |
Other Conditions | Require an account in Egyptian pounds in addition to the account from which the certificate was purchased in US dollars |
Click here to purchase the certificate
* for better experience; we recommend opening this link using a laptop
or PC
Note:
After completing the purchase process, the customer will be able to:-
· Transfer the interest to the account from which the principal amount is transferred
· After six months: request for refund and transfer of the original amount of the certificate in addition to the interest for the previous period to the same account transferred from
· At the end of the certificate period: the customer will be able to retrieve the original certificate plus the interest and transfer them to the account transferred from it by sending a request to the email : bmonboarding@banquemisr.com
Click here to receive a call from BM Customer Service representative
