Ways to buy dollar certificates from 4 banks
Al-Ahly, Egypt, CIB and Cairo banks announced, during the last two weeks, raising the interest by more than double on dollar certificates for fixed returns, with terms of 3 years, 5 years and 7 years for the first time out of 5 years and available to all Egyptians without exception.
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4 banks provided several ways to purchase the new high-yield dollar certificates after raising the interest on them to reach 5.30% starting from this October, which is the highest interest offered on foreign currencies in Egypt and some countries of the world.
Al-Ahly, Egypt, CIB and Cairo banks announced, during the last two weeks, raising the interest by more than double on dollar certificates for fixed returns, with terms of 3 years, 5 years and 7 years for the first time out of 5 years and available to all Egyptians without exception.
3 ways to buy dollar certificates from 4 banks that have approved raising interest rates on them:
1- It can be purchased through any branch of the bank, provided that a dollar account is opened to deposit the return periodically.
2- It can be issued from the online banking service 24 hours a day, seven days a week without the need to go to the branch by entering the official website of the bank.
However, this service is available to existing customers who subscribe to the service through their accounts, but the new ones must go to the branch to sign a request to issue a dollar account.
3- Purchasing the certificate through the mobile banking service through the bank’s application that has been downloaded to the customer’s mobile phone, and it follows the same online banking procedures and is available 24 hours a day, seven days a week.
To open a dollar account, the client must provide evidence of the sources of foreign exchange resource flow, whether from transfers from one of his relatives or from his employer or otherwise.
