Real Estate in Egypt
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mail: irisestate.redsea@gmail.com
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Open a bank account

Open a bank account
The Egyptian banking system is regulated by the "Central Bank of Egypt".

Cash and credit cards are accepted almost everywhere. There are bank branches all over Egypt, many with English speaking staff. To open a bank account in Egypt, you must meet certain requirements. (E.g. residents for at least six months).

The currency is the Egyptian pound (EGP), although the US dollar / euro is accepted in many places. If you own a property or work in Egypt then you need to open a bank account. It allows you to pay bills and other services in the local currency without the need for currency conversion.


HINTS:

- Choose a large bank with many branches
- Choose the bank you want to open your account with in Egypt. Call the bank to find out about the requirements. Minimum requirements are: passport, proof of address, work permit and residence permit. Get a letter from your employer confirming your identity. In addition, the latest explanations from your house bank and passport photos are useful.

Wait for you to be contacted. You may be asked to come by in person to verify your bank details, or the information may be sent to you. Bank cards must apply for from the bank.

We will of course be happy to help you open an Egyptian bank account.
Tel.: +2 0109 0 55 2 888
E-mail: irisestate.redsea@gmail.com
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