El Sadaqa Certificate

El Sadaqa Certificate

Contribute to our community with ABK-Egypt Sadaka Floating Certificate of Deposit in EGP.

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Features

  • Certificate duration is 5 years
  • Minimum issuance balance: EGP 1000
  • Interest payment frequency: Quarterly
  • Floating interest rate linked to the Central Bank of Egypt discount rate. All your returns will be automatically transferred to one of the mentioned charity organizations of your preference

Benefits

  • Competitive interest rates
  • El Sadaqa Certificate offers a variable interest rate based on the Central Bank of Egypt's announced discount rate.
  • Help them keep the smile! issue Sadaka Certificate of Deposit and contribute the whole quarterly interest to one of the below chosen charity organizations in Egypt:
    • Magdi Yacoub Heart Foundation (MYF)
    • Egyptian Food Bank (EFB)
    • Children’s Cancer Hospital 57357 Foundation–Egypt
    • Baheya Foundation
    • Ahl Masr Foundation

More Informations

  • By visiting your nearest ABK-Egypt Branch

  • Important Information regarding procedures for opening a new account

    In a bid to help the government combat terrorism financing and money laundering activities. The Central Bank of Egypt has imposed regulations requiring all financial institutions to obtain, verify and record information identifying the customer opening an account by filling a "Know Your Client" form.
  1. Individuals Customers
  2. Egyptians or Foreigners
  1. Free access to Online Banking
  2. Access to our 24/7 ABK – Egypt Call Center 19322

The required documents that should be obtained to open an individual account are:

For Egyptians
  1. Valid Customer ID
  2. In case of any mismatched information with the provided ID, the following documents might be required:
    1. Recent utility Bill for the current address
    2. Document proving latest employment data

For Resident Foreigners
  1. Valid passport for at least 6 months
  2. Residence documentation along with customer’s address in Egypt
  3. Profession license /taxes card or document proving residence reason

Contact Info

For more information, please visit ABK-Egypt nearest branch or contact our call center 24/7 at 19322