Is there a fee for calculating salary?

Your payroll account might have exemptions because your company has an agreement with the bank, but that doesn't mean all services are free.

Key points

• Ask about card fees, withdrawals from other banks, account statements, transfers, and account fees after your employment ends.

• The most important question is: what happens to the fees if your salary stops being deposited?

• This will likely change the account's cost.

The figures, fees and limits in this answer vary by bank and change over time — confirm them with your bank or the official source before acting.

Source

• Central Bank of Egypt — Financial Inclusion Rates

• Banque Misr — Account Terms and Conditions (PDF)

• Banque Misr — Savings Accounts