Commercial International Bank – Egypt (CIB) has announced its participation in the financial inclusion savings initiative held under the auspices of the Central Bank of Egypt (CBE). It is offering its "Bedaya" savings account to new customers holding Egyptian nationality who do not yet deal with banks, with the aim of encouraging them to join the banking sector and use banking services that help them save and secure their financial future.

According to the details announced by the bank, the initiative makes the Bedaya account available from October 1 to 15, 2026, with a set of benefits that include opening the account with a national ID card and earning a fixed annual interest rate of 2%, paid monthly.

Features of CIB's Bedaya account

  • The account can be opened with a national ID card only.

  • A fixed annual interest rate of 2%, paid monthly, with a minimum balance of EGP 1.

  • A debit card issued free of charge.

  • A reduced monthly subscription fee of EGP 15.

  • The account is available only to new customers holding Egyptian nationality.

Bedaya account fees and commissions

  • A fee of EGP 100 is deducted for cash deposit and cash withdrawal transactions made at branches, except for transactions related to opening or closing the account.

  • Additional fees apply to internal and external transfers, subject to the CBE's instructions on fee exemptions.

  • The applicable fees are charged on credit card settlement payments, regardless of the transaction amount.

Transaction and balance limits

CIB has set the following maximum transaction and balance limits for the Bedaya account:

  • Daily debit transaction limit: EGP 90,000.

  • Monthly debit transaction limit: EGP 300,000.

  • Maximum total balance: EGP 750,000, according to the details provided by the bank.

If the set limits are exceeded, the account is suspended, and the customer must visit a branch to update their "Know Your Customer" (KYC) details and switch to an account type that suits the size of their transactions and balances.

How to open a Bedaya account

New customers holding Egyptian nationality who wish to benefit from the initiative can visit any Commercial International Bank – Egypt branch and request to open a Bedaya savings account using their national ID card, subject to the applicable terms, conditions and fees.