Current Account in Egypt
For foreign nationals, the process of opening a current account in Egypt is fairly simple. They just need to bring official documents, such as passport, residence certificate and work visa. Banking hours are from 8:30 AM to 2PM, Sunday to Thursday. It is recommended for expats to shop around for international banks in Egypt, as a lot of local banks have poor exchange rates and incur large fees and service charges. Most international banks in Egypt have internet and phone banking, which is hugely convenient for foreign nationals who do not have the luxury of time to transact their banking business personally. Expats are advised to be cautious when conducting banking transactions in Egypt due to the nation’s civil unrest.
Compare Bank Accounts
Day-to-day cash management in different currencies around the world.
As an expatriate you benefit from our preferential fee structure “Expat Investors”:
- No transfer fees for bank transactions
- Reimbursement of transfer fees charged by your bank
- Reduced foreign exchange fees
- 50 % discount on the annual account management fees
- 50% discount on the annual fees for an international bank card (Visa, Mastercard)
