Accounts
General Conditions :
• Minimum account opening balance required for individuals is EGP 200000, USD 5000 or its equivalent in other foreign currencies.
• Minimum account opening balance required for companies is EGP 100000, USD 5000 or its equivalent in other foreign currencies.
• Flexible account statements can be issued (daily - weekly – monthly – quarterly – semiannually) according to clients’ need.
Benefits :
• Withdrawing cheques permitted from any of AIB branches.
• Joint account is a special service from AIB.
AIB saving account EGP for individuals :
• Interest up to 13.25%.
• Flexible interest payment frequency (monthly – quarterly – semi-annually & annually) according to clients’ needs.
• Interest rate is calculated on the account’s minimum balance during the month.
AIB saving account in EGP for individuals (Day by Day):
• Interest up to 7%.
• Minimum amount to calculate the interest is EGP 10000.
• Interest is calculated daily and paid monthly.
AIB saving accounts USD for individuals :
• AIB saving accounts USD for individuals with interest up to 2%.
• Minimum interest calculation starts from USD 10000.
• Flexible interest payment frequency (quarterly – semi-annually) according to clients’ need.
Monthly Youth Saving Account:
• Monthly Youth Saving Account with interest rate 1% above the regular (applicable) monthly savings account interest rate.
• Customers must be at least 16 years old and no more than 21 years old.
• Account opening balance is EGP 1000.
• Minimum interest calculation starts from EGP 1000.
• Customers can open the account free of charge.
• Customers can issue a Debit card free of charge.
• Customers can register for AIB Online Banking: Click Here
• Customers can issue a Prepaid card.
• Required documents: copy of a valid National ID card.
• Terms and conditions apply.
Current Account with Interest for Companies:
• Minimum account opening balance EGP 5000.
• The annual interest is calculated based on the total balance and issued monthly.
• Interest rate:
- o No interest is calculated on amounts less than EGP 1 million
- o From 1 million to less than EGP 5 million: 7.5%
- o From 5 million to less than EGP 10 million: 8%
- o EGP 10 million and more: 8.5%
AIB Golden Saving Account in EGP:
• Saving account: monthly interest.
• Issued for individuals only
• Minimum amount to open the account: EGP 5,000,000 (five million Egyptian pounds only) and without a maximum limit
• Interest payment is 18%
• The interest is adjusted on the first working day of every month according to the latest CBE decisions
• The start date of calculating the interest starts from the business day following the date of opening the account
• Interest rate is calculated on the account’s minimum balance during the month
• Minimum interest calculation starts from EGP 5,000,000 and without a maximum limit
• Customers can issue a Debit Card
• Withdrawing cheques permitted from any of AIB branches
AIB Golden Saving Account in USD:
• Saving account: monthly interest.
• Issued for individuals only
• Minimum amount to open the account: USD 5,000,000 (five million USD) and without a maximum limit
• Interest rate is 3.5%
• The start date of calculating the interest starts from the business day following the date of opening the account
• Interest rate is calculated on the account’s minimum balance during the month
Financial Inclusion Accounts :
EGP saving account for People with disabilities