Are savings certificates available in foreign currencies? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

Are savings certificates available in foreign currencies?

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

Yes, Egyptian banks issue certificates in US dollars, euros and British pounds, with several tenors.

Some banks may also allow the return on a US dollar certificate to be paid in Egyptian pounds in advance and at a high interest rate.

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