Egypt · Fees

Business bank account fees in Egypt

By Morten Andersen, cofounder of Business Bank Index
Reviewed by Fredrik Filipsson · Last reviewed 17 May 2026
Snapshot

Business account costs in Egypt come mainly from a minimum balance requirement rather than a flat monthly fee, plus account management and transaction charges and a currency conversion margin on foreign payments. Banks publish a tariff of charges, and cross border flows run through authorised dealer banks under Central Bank of Egypt exchange control.

Main recurring cost
A minimum balance requirement rather than a flat monthly fee at most banks
Account and transaction charges
Account management, transfers, cheque books, and card fees per the bank tariff
Cross border cost
Conversion margin plus transfer charges, through an authorised dealer bank
Charged in
Egyptian pounds (EGP), with foreign currency accounts available
Fees and features as of 17 May 2026Last reviewed 17 May 2026

General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.

As of 17 May 2026, the cost of a business account in Egypt is shaped less by a flat monthly fee and more by a minimum or average balance requirement, account management and transaction charges, and the currency conversion margin on foreign payments. Each bank publishes a tariff of charges that covers transfers, cheque books, card fees, and statements. Cross border payments and receipts run through authorised dealer banks under Central Bank of Egypt exchange control, where the conversion margin and transfer charges can outweigh the account charges for a business that pays or receives abroad. Confirm the current tariff with the bank.

How business account fees work in Egypt

Fees fall into a few groups. Instead of a flat monthly fee, most Egyptian banks set a minimum or average balance on a business current account, and management and transaction charges apply on top. Transaction charges cover transfers, cheque books, card fees, and statement requests, set out in each bank tariff of charges. Currency costs apply when a business pays or receives abroad, since cross border flows run through authorised dealer banks under exchange control and carry a conversion margin. Confirm the current figures in each bank tariff of charges, as of 17 May 2026.

Minimum balance and account charges

A minimum or average balance requirement is the usual structure on Egyptian business accounts, and falling below it can trigger a charge. Account management or maintenance charges may also apply per the bank tariff. The exact figures vary by bank and by account tier, so read the tariff for the specific account you want.

Transaction and currency costs

Many businesses in Egypt pay suppliers or receive revenue abroad, so transfer and conversion charges can matter more than the account charges. Compare the cost per transfer, the exchange rate margin, and any limits, since these vary by bank and by whether the flow is a domestic transfer or a cross border payment routed through an authorised dealer bank.

What drives the cost

Three things drive what a business account costs in Egypt, as of 17 May 2026. Verify with the provider

  • The minimum or average balance requirement, and any charge for falling below it.
  • Account management and transaction charges, such as transfers, cheque books, card fees, and statements.
  • Currency conversion and cross border transfer charges, which run through authorised dealer banks under exchange control.

How to compare on fees

  1. List the charges that apply to how you will actually use the account, including foreign payments and cash handling.
  2. Read each bank tariff of charges, since the minimum balance and the transaction and currency costs differ.
  3. Confirm the current tariff with the bank before you apply, as pricing changes.

Compare business accounts available in Egypt

These providers serve business customers in Egypt. Fees and eligibility shown as of 17 May 2026. Confirm current terms with the provider before applying.

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Questions about business account fees in Egypt

How much does a business bank account cost in Egypt?
Most Egyptian banks set a minimum or average balance on a business current account rather than a flat monthly fee, and add account management and transaction charges plus a currency conversion margin on foreign payments. Each bank publishes a tariff of charges. As of 17 May 2026, confirm current pricing with the bank.
Is there a monthly fee on business accounts in Egypt?
A flat monthly fee is less common than a minimum or average balance requirement, with management and transaction charges applied per the bank tariff. Falling below the required balance can trigger a charge. As of 17 May 2026, verify the structure with the bank.
What charges apply beyond the balance requirement?
Common extra charges include transfers, cheque book issue, debit and corporate card fees, account statements, and currency conversion on foreign transactions. These vary by bank and are listed in each bank tariff of charges. As of 17 May 2026, confirm with the provider.
Are international transfer and conversion fees high in Egypt?
Cross border transfers run through authorised dealer banks under Central Bank of Egypt exchange control, and the conversion margin plus transfer charges can outweigh the account charges for a business that pays abroad. Compare the cost per transfer and the exchange rate margin, not just the headline charge. As of 17 May 2026, confirm with the provider.

Fees, features, and eligibility change and vary by region. This page was last reviewed on 17 May 2026. Confirm current terms with the provider before applying.

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