Accounts for corporate
1. Islamic Current account for corporate customers:
With Banque Misr current account, you can enjoy the flexibility of withdrawing and depositing your money. You can also perform your daily banking transactions and get all your basic banking needs. An account on demand to be opened in the name of the customer without return, the customer may deposit or withdraw cash in the account whenever he wants with no duration limit in accordance with the Islamic Shariah.
Features of Islamic current accounts for corporate customers:
- Minimum Balance For opening the account for corporate is EGP 7,000 or 1000 units For Foreign currencies
- Perform all of your banking transactions through Banque Misr branches across Egypt
- Cheque books issuance to Facilitate your Banking Transactions
- Possibility of issuing Debit card
- Convenient access to your account 24/7, through our vast ATM network across Egypt
- Perform and inquire about most of your banking transaction for free through the corporate internet banking service
- Possibility to issue Banque Misr certificates of deposit from your account in EGP and foreign currency (USD) and adding the return on maturity
- Payment for different commitments from the account on your behalf upon your standing instructions
2. Investment islamic accounts:
A deposit accounts with return in foreign currencies for Corporate customers to be opened according to Islamic Shariah in addition to a deposit accounts in local currency for corporate customers with flexible return paying options (monthly / quarterly / semi-annually/annually) automatically added to the customer's account where return is calculated on the basis of the lowest credit balance during the month according to the applicable tiers and according to bank achievements. Possibility of depositing or withdrawing cash in the account whenever you want with no duration limit, you can also apply for a secured facility against account balance in accordance with regulations and instructions issued by the bank. Funds of such accounts are invested in Islamic projects in accordance with the Islamic Shariah, with Banque Misr acting as an authorized agent of investors in determination of investment fields and return on investment rate and in accordance with Mudaraba contract.
Benefits of Investment islamic Accounts in both local and Foreign Currencies:
- Minimum balance for opening the account For corporate is EGP 7000 or 1000 units for foreign currencies
- Perform all of your banking transactions through Banque Misr branches across Egypt
- Cheque books issuance to Facilitate your Banking Transactions
- Perform and inquire about most of your Banking Transaction for free through the corporate internet banking service.
- Possibility to issue Banque Misr certificates of deposit from your account in EGP and foreign currency (USD) and adding the return on maturity
In addition to other Benefits of Accounts in local currency that Fulfill all your Needs:
- Convenient access to your account 24/7, through our vast ATM network across Egypt
- Payment for different commitments from the account on your behalf upon your standing instructions.
3- Investment Islamic accounts with daily return in local currency in Islamic branches of legal persons:
With the investment account with a daily return in local currency, you can benefit from a daily return based on the formula of absolute Mudaraba for an unlimited period, provided that the return is under settlement and variable determined on a monthly basis by obtaining a daily return in accordance with the principles of Islamic Sharia.
Benefits of local currency daily interest investment accounts:
• The minimum amount to open investment accounts for legal persons with a daily return in local currency is one million EGP .
• Conduct all your banking transactions through the bank's branches spread throughout the country.
• Ease of dealing on the account throughout the day 24/7 through ATMs spread throughout the Republic.
For more information about Fees and charges for accounts and services - Legal Entities
https://www.banquemisr.com/-/media/Corporate-Tarrif/Corporate-Tarrif--Eng.pdf
*Terms and conditions apply
