Product Overview:

This is a current account with a distinctive interest feature, calculated daily based on the end-of-day balance according to a tiered system. The interest is credited to the customer’s account monthly, combining the advantages of both savings and current accounts.

Target Segment:

Individual customers employed by entities that have a payroll transfer agreement with the bank.

Account Features:

• No minimum balance required to open the account
• Minimum balance to earn interest is EGP 3,000
• Competitive interest rate calculated daily on the end-of-day balance and credited monthly
• Easy access to the account for deposits and withdrawals throughout the day
• Option to issue a checkbook and a debit card for convenient transactions
• Easy account management through online banking and mobile app
• Free subscription to electronic statement service (E-Statement)