Banque Misr

Cairo, Egypt

https://www.banquemisr.com

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About Banque Misr in UAE

Banque Misr, a leading banking institution, has been serving customers in both the UAE and Egypt since its inception. With an established reputation for customer-centric services, the bank offers its services at various locations across these regions. Banque Misr has been operational in the UAE for over 40 years, with five branches located in major cities including Dubai, Abu Dhabi, Sharjah, and Ras Al Khaimah.

Operations and Services

Established in 1974, Banque Misr UAE was specifically set up to facilitate trade flows between the UAE and Egypt and to cater to the needs of both regions. The bank is committed to protecting the rights of its customers, providing honest and transparent dealings. Customers can expect to access a number of benefits through various schemes offered by the bank. One such scheme is the "Dawli" program, which allows customers to access their accounts and enjoy special benefits in both Egypt and UAE.

Global Presence

Banque Misr has a global presence with branches in different countries. In the United Arab Emirates, it was initially established as Banque du Caire in 1974, and the division's name was later changed in 2008 to match the main bank. Banque Misr also has a significant presence in Lebanon. The bank's services are easily accessible to customers residing in these countries, and its branches are strategically located for customer convenience.

Opening a Banque Misr Account in UAE

To open a personal bank account with Banque Misr in the UAE, customers are required to provide certain documents. These include proof of identity (passport), proof of address that is not older than 3 months, a CV, and bank statements. This hassle-free process makes it convenient for customers to start banking with Banque Misr.

Branches

Banque Misr Banque Misr - Dubai Branch

Banque Misr - Dubai Branch

Third - 41 27th St - Port Saeed - Dubai

Banque Misr Banque Misr - Business Bay Branch

Banque Misr - Business Bay Branch

Tower, The Bay Gate - Al Mustaqbal St - Business Bay - Dubai

Banque Misr Banque Misr - Sharjah branch

Banque Misr - Sharjah branch

Crystal plaza, corniche Al buhaira - Corniche St - Al Majaz 1 - Sharjah

Personal

Deposits

Banque Misr Logo
Minimum Deposit: AED 0.00
Tenure: 180 - 365 days
Interest Rate: 3.9%
Payment Frequency: Upfront
Early Withdrawal Penalty: Penalty varies: 2% if withdrawn within 3 months, 1% within 6 months, 0.5% within 9 months, and 0.25% after 9 months.
Islamic Deposit: No

Features:

Allows earning interest upfront. Available only in AED. Can be used as collateral for loans or credit cards.

Banque Misr Logo
Minimum Deposit: AED 0.00
Tenure: 180 - 365 days
Interest Rate: 3.7%
Payment Frequency: On Maturity
Early Withdrawal Penalty: Interest recalculated at a lower rate if withdrawn before maturity.
Islamic Deposit: No

Features:

Offers high interest rates and stability for short-term investments.

Car Loans

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Interest Rate:
Maximum Loan Amount: AED 6,000,000.00
Loan Tenure: 96 months
Loan-to-Value (LTV): 100.00%

Features:

Sharia-compliant Murabaha financing; Free life and disability insurance; Vehicle can be licensed to a third party from the debtor’s family or a company

Savings Accounts

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Interest Rate 0.50% - 1.75%
Minimum Balance: AED 0.00
Account Type Standard
Open Online: Yes
Banque Misr Logo
Interest Rate 0.50%
Minimum Balance: AED 10,000.00
Account Type Salary
Open Online: Yes

Business

SWIFT Codes

Banque Misr - Dubai Branch
BCAIAEAA

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