Khatwa Account

Account Currency: EGP / USD / EUR / GBP / SAR
Minimum amount to open the account:
- Not required for EGP account
- 25 USD or its equivalent in other foreign currencies
Variable annual profit rate on EGP: 3% calculated daily & credited at the end of the month
Minimum balance to calculated profit: 20,000 EGP
Target Segment: Egyptian Small & Micro-Enterprises and startups who can prove their business or work address.

Any of the following documents:

Commercial register, Tax Card, proof of business address (i.e. utility bill / ownership or rent contract, etc.)