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Deposits

Time Deposits

 

    It is an agreement between the bank and the customer whereby the customer deposits a certain amount of money at the bank; the bank retains it for a fixed period of time, with a fixed interest rate that is specified at the beginning of the agreement. A periodical return (monthly – quarterly –semi-annual) or at the maturity date is guaranteed. The bank is obliged to redeem this amount as per the customer’s request (terms and conditions apply).   

    Banque Du Caire offers time deposits with various tenures; starting from 7 days and up to 10 years

    With BDC’s time deposits, your money is safe and the return is guaranteed. 

    Benefits:

    • Competitive returns that are determined according to the time deposit tenure.

 

Return Type

Tenure

Currency

At maturity

 Starting from 7 days to less than 2 years

 EGP – USD – EUR – GBP - SAR 

Periodical

 Starting from 1 year to 10 years 

EGP only

 

 

    • Possibility of fixing and redeeming the deposit at any of BDC branches.
    • Return types: periodical – at maturity
    • Return periods: monthly – quarterly –semi-annual
    • The option to credit time deposit amount and return to the current or savings account as per customer preference
    • Availability of fixing the time deposit in joint or minors name
    • The time deposit is renewable unless the customer advises otherwise
    • The option to issue a credit card against the time deposit (Terms and Conditions apply)
    • The possibility of granting an over draft facility against the time deposit with same currency, and with simple terms

    Terms & Conditions:  

    • The minimum amount of return at maturity time deposit:
        • In Egyptian pound:
            • Starting from 7 days to less than one month: 50,000 EGP
            • Starting from 1 month to less than 2 years: 500 EGP
        • In foreign currency:
            •  500 US Dollars - 500 Euro – 500 Sterling Pound – 2,000 Saudi Riyal
    • The minimum amount of periodic return time depost:
        • In Egyptian Pound:
            • Starting from 1 year to 10 years: 5,000 EGP

    Required documents:  

    • It is required to open a current or saving account to fix a time deposit, and to fulfill their related documents:

      Individuals

      Companies

      National ID

      Passport for foreigners

      Birth certificate for minors

      Recent utility bill (with current address)

      Original contract

      Commercial registry

      Tax card

      (Documentation determined according to entity type) 

Al Masry Al Assil Deposit

 

    With Al Masry Al Assil Deposit invest your money and donate part of your earnings to charitable organizations and contribute in developing our country. 

    Through Al Masry Al Assil Deposit you can participate in charities by donating a minimum of 50% of the return generated by the time deposit, and distribute it according to your preference to the following charities: Tahya Masr Fund, Misr El Kheir Foundation, Resala Charity Organization, National Cancer Institute and Dar Al Orman Charity.

    Benefits:

    • A good chance for charity, by donating to any / all of the following charities: Tahya Masr Fund, Misr El Kheir Foundation, Resala Charity Organization, National Cancer Institute and Dar Al Orman Charity
    • For Individuals and companies
    • Interest rate exceeds the Time Deposit's interest rate by 0.25%
    • Opening a current/Saving account and the possibility of issuing a debit card.
    • Tenure: 3 months to 7 years
    • Diversity of returns: Monthly / At maturity date
    • The possibility to credit the return (maximum 50%), as well as the value of the time deposit at maturity to the current or savings account, according to the customer’s preference
    • The possibility of fixing or redeeming the time deposit from any of the bank’s branches all over Egyp 
    • The possibility of granting an over draft facility against your time deposit with same currency, and with simple terms
    • Time Deposits are renewable, while the customer specifies the tenure
    • The possibility of issuing a credit card (terms and conditions apply

    Terms & Conditions:  

    • It is a nominal time deposit and may not be waived or transferred to others
    • Time Deposit is automatically renewed at the maturity date for  an equal  period with the same conditions, and with applicable interest rate at the date of renewal unless the customer advises otherwise prior to the maturity date.
    • Minimum amount to fix the time deposit is 1,000 EGP
    • A minimum of 50% of the return generated by the time deposit is to be transferred to charitable organizations
    • The agreed upon percentage of donations may not be changed during the period of the time deposit validity

Tenure

Interest frequency

Currency 

Customer type

Three months to less than two years

At maturity

 

EGP

 

Individuals and Corporates

One year to seven years

 Monthly  

    Required documents:  

    • It is required to open a current or saving account to fix the deposit, and to fulfill their related documents:

    Individuals

    Companies

    National ID

    Passport for foreigners

    Birth certificate for minors

    Recent utility bill (with current address)

    Original contract

    Commercial registry

    Tax card

    (Documentation determined according to entity type) 

 

Main info. about

Accounts

Bank Du Caire has different types of accounts in both local and Forien currency

 

Certificates Of Deposit

The many types of certificates of deposit issued in Egyptian pounds by Banque du Caire have multiple advantages

 

Retail Loans

Bank Du Caire offers different types of loans for both Private and public sector employees

 

Cards

Bank du Caire offers various types of cards, in line with various segments and categories, levels and needs

 

Bancassurance

Bancassurance is a set of services and insurance products offered by the Allianz Egypt Life Insurance Group