The Bank of Egypt announced the details of the accounts available in an initiative to open your account in Egypt launched by the Central Bank of Egypt in cooperation with the Ministry of Foreign Affairs, Immigration and Egyptian Affairs abroad to meet the needs of Egyptians working abroad and to facilitate all services provided to them.
The Bank of Egypt explained that the accounts available in the campaign were the dollar-delivered accounts and those of the victim.
The Bank noted that the initiative was available in the following States:
Saudi Arabia – State of Kuwait – State of Qatar – Sultanate of Oman – United Arab Emirates – State of Bahrain – Hashemite Kingdom of Jordan – Germany – France – Austria – China – Canada – Australia
The details of the campaign for the dollar-delivered accounts and the accounts of the Egyptian pound are reviewed below.
The dollar-delivered accounts campaign:
Type of calculation: United States dollar balance
Eligibility requirements: maintenance of at least $100
Repeat: every 3 months (quarterly)
Number of winners: 2 winners per withdrawal
Award value per winner: 50,000 pounds
Total awards per withdrawal: £100,000
Award method: Added to a prepaid card or to the client ' s account of the victim.
The account will be made available to Egyptians inside and outside Egypt, but participation in withdrawals and incentives will be limited to Egyptians working abroad only.
Campaign for the calculations of the DNA:
Provision of insurance coverage through the Egypt Life Insurance Company against the death risks of Egyptians working abroad, with insurance costs incurred by the Bank, in accordance with the following conditions and regulations:
Minimum age of client: 18 years
Maximum age of client: 65 years
Insurance advantage: £5,000 less and £100,000 higher based on average credit balance per month.
Insurance coverage: death only.
Entities insured: Bank agents from Egyptians working abroad who are in the accounts of the Egyptian victim through embassies of the Arab Republic of Egypt abroad (new agents).
In the event of death by the heirs, the bank devoured the documents and sent them to any branch of the bank: (A document from its Foreign Ministry shall be adopted before being sent to the bank in the event of death outside Egypt)
Compensation documents required:
Certificate of death showing cause of death approved (translated from Arabic and approved by the Egyptian Embassy).
A photo of the birth certificate or a national number approved.
A certified copy of the police record and the final decision of the prosecution in the event of death as a result of an incident or its equivalent official documents within the country in which the insured person operates (translated in Arabic and certified by the Egyptian Embassy).
Hospital report in the event of death within a hospital or its equivalent official documents within the country where the insured person operates (translated in Arabic and certified by the Egyptian Embassy).
