What is an Economic Activity Account and who can benefit from it? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

What is an Economic Activity Account and who can benefit from it?

Asked by Banky team 2 months ago
Banky team Reviewed editorial answer

It is an account dedicated to owners of micro-enterprises, craftsmen, and self-employed professionals who carry out economic activities and have not yet obtained a commercial register or a tax card (such as freelancers or small workshops).

The account is opened with a copy of the personal ID card together with signing a declaration of the nature of the activity, and it helps them receive their money in a legal way.

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