Murblz
RUEN
Consultation
Citizenship
ParaguayTurkeyArgentinaKyrgyzstanAntigua & BarbudaAll citizenships →
Residence & visas
Residence permitsResidence by investmentDigital nomadTalent visas
Services
Company formationBusiness accountsPersonal accountsInvestment propertyAudit & accountingTrusts & foundationsCFC filingsTranslationsLicencesTax & residencyLawyers
BlogVacanciesРусская версия
Free consultation

Services · Business accounts

Business accounts: Egypt

An honest assessment before work starts, the quote is fixed in writing.

We assess your chances against your profile, prepare the compliance file, help you present your source of funds properly and handle communication with the bank until it decides. The final decision always rests with the bank, so no one can guarantee an opening - careful preparation simply improves the odds.

We quote the exact cost for this country after a short consultation: it depends on the bank and your residency. The quote is fixed in writing before work starts.

Fees

ServicePrice
Corporate account - opening assistanceon request

Prices are indicative and cover our work on a typical case. We confirm the exact quote in writing after a short call - you know the final number before we start. Government fees and bank tariffs are billed separately unless explicitly included.

See also

Company formation · Personal account · Investment property · All country programs

FAQ

Can a foreigner open a company account in Egypt?
Yes, once the company is registered in Egypt through GAFI and holds a tax card and a commercial registry entry. Foreign ownership is permitted in most sectors. Banks generally will not open an account for an offshore company with no Egyptian registration.
What does an Egyptian bank need from a new company?
The commercial registry extract, tax card, articles of association, signatory documents and proof that capital has been paid in. The bank will ask about the activity, counterparties and expected currency flows. Foreign documents need legalisation and Arabic translation.
Are there currency controls in Egypt?
Egypt spent several years with a foreign currency shortage and restrictions on transfers and import payments. Conditions improved after the move to a more flexible exchange rate in 2024, but Central Bank of Egypt rules change. Plan for delays and per-payment documentation requirements.
Can a company hold a USD account in Egypt?
Yes, companies can hold accounts in Egyptian pounds and in foreign currency. Transactions on foreign currency accounts, outbound transfers especially, require supporting documents. Availability of hard currency has been constrained at times, which is worth factoring into cash planning.

Don’t want to figure this out alone?

We handle the whole process end to end: we assess your company's chances with specific banks, prepare the compliance file and give you honest timelines. Leave your details and a corporate banking expert will get back to you. The first consultation is free.

FreeConfidentialWe reply shortly
Free consultation