Are there savings certificates in dollars? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

Are there savings certificates in dollars?

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

Yes, Egyptian banks offer dollar-denominated certificates of deposit and savings accounts, but the return, term, and minimum deposit amounts vary.

If you need dollars in the future, don't convert them to Egyptian pounds just to chase a higher return without considering the risks involved.

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.

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