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Services · Personal accounts

Personal 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
Personal 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 · Business account · Investment property · All country programs

FAQ

Can a foreigner open a bank account in Egypt?
Yes, banks do open accounts for foreigners on a passport, often asking additionally for a visa or proof of your status in the country. Foreign currency accounts for non-residents are more common than pound accounts. Terms vary noticeably between banks.
Do I need residency for an Egyptian bank account?
Not always, but a residence visa or permit widens the product range and reduces the questions. A non-resident may be offered an account with limits on transactions and cards. Each bank sets its own requirements within Central Bank rules.
Can I move money back out of Egypt?
Formally yes, but outbound transfers require source of funds documentation, and withdrawals were delayed during periods of currency shortage. If you bring money in, keep the bank confirmations of the inbound transfer - they matter when you send it back out. Do not park more in an Egyptian account than you can leave there for a while.
Does Egypt exchange account data under CRS?
Egypt has signed up to international tax information exchange standards, and banks ask for your tax residence when you open an account. Practice with specific partner countries can differ, so check the current status when you apply. Either way, declaring a foreign account in your country of tax residence is your own obligation.

Don’t want to figure this out alone?

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

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