Saving Pools

USD annual certificate with monthly return and prizes

1- The certificate is issued in the denomination of US$500 up to US$5000

2- The duration of the certificate is one year.

3- The certificate is nominal and cannot be exchanged or transferred to others by way of signing at its back, or any other way.

4- The purchase can be made by peronne naturaelle or personne morale, whether an Egyptian, an Arab, or foreigner with no maximum limit.

5- The purchase can be made in the name of others or in the name of minors, with no maximum limit.

6- The certificate may only be redeemed six months after it goes into effect (the issuance month). Upon its redemption, the interest is accrued according to the term between the date of its issuance and the date of its redemption (in full months) and according to the actual results of the bank activities.

7- A monthly interest is accrued under account and is reported periodically. A final settlement of the interest is done according to the actual results of the bank activities.

8- The interest starts to be accrued at the month following the purchase month (the issuance month).

9- The paid interest can be added to current, or investment accounts, or to Saving books according to the purchaser’s desire.

10- An annual draw is made on an Umrah prize in December every year among holders of certificates to the effect of US$1000 or its increments, provided that a full year is passed since the issuance month (the month following the purchase date) at the time of the draw.

11- Certificate purchasers enjoy tax exemptions stated by related laws.

12- A damaged or missing certificate alternatives can be issued according to given arrangements

13- The certificate can be deposited at the back without incurring any financial charges on the part of the purchaser.

14- Certificate holders are allowed financing against their certificates.

GO For Gold… Go For E.S.F.B.