I wonder why Egyptian banks offer free services now, and what is the nature of these services? I mean, everything is free and no specific services, and his nation can go to the customer and benefit from all these services.. We will tell you all the details in this video, so follow us until the end.
In recent hours, a number of local banks have launched free banking services, such as stopping fees for opening new accounts, starting from yesterday until December 15. This comes as part of the financial inclusion initiatives launched by the Central Bank of Egypt to make it easier for citizens.
It is also possible to open a free account at the National Bank and Banque Misr, especially after they announced the cessation of collecting fees and commissions on savings accounts and current accounts for new customers, starting from yesterday, Sunday, and this decision is scheduled to continue until December 15; As a participant in the Central Bank’s financial inclusion initiative.
Brdo, Commercial International Bank (CIB), the bank announced on its official website, joining the initiative, provided that it will continue to work in all its branches throughout the duration of the initiative, which extends from 1 to 15 December 2024, and this is of course under the auspices of the Central Bank of Egypt, in support of people of determination.
That is why most banks operating in Egypt take the initiative to participate in the Central Bank’s initiatives throughout the year, which number 6 financial inclusion initiatives, during which a bank account is opened for every citizen for free and with the least and simplest procedures. With the national ID card, but it must be valid only.
It is possible that the citizen may request to open a financial inclusion account in all banks operating in Egypt and participating in the initiatives, because they are committed to opening accounts without adhering to the minimum balance, set on normal days.
A guest on the list is the Arab African International Bank, which announced its joining of the People of Determination initiative to open accounts for new customers without any expenses and without being bound by the minimum balance during the first two weeks of this month of December.
Also, the Housing and Development Bank, HSBC, Cairo Bank, the Egyptian Agricultural Bank, and Next Bank, all of these banks launched a package of free electronic banking services during the initiative period, the most important of which is opening a free bank account without being restricted by a minimum balance, specifically savings accounts and current accounts for new customers.
It is possible to subscribe to internet and mobile banking services, and to activate smart wallets, and the InstaPay application services are also available for instant transfers.
Banks also facilitate the issuance of direct debit cards and Meeza prepaid cards, and they are easily linked to bank accounts.
If you want to open a new account or intend to activate e-wallet services, internet banking, or make a card, take advantage of the opportunity and go to any bank branch next to you and make your best effort.