Key features Suez Canal Bank’s Bedaya account for Micro Enterprises

1/23/2023 9:00:00 AM

Suez Canal Bank offers mobile Banking services that help customers complete all daily financial transactions with ease. The bank consistently supports the efforts of the Egyptian state towards fulfilling financial inclusion, with the aim of providing access to financial products and services to all social segments’ especially youth.

Accordingly, the bank participated in numerous initiatives and events that seek to drive these efforts; such as the national initiative launched under the auspices of the Central Bank of Egypt, in the area of financial education and the development of financial products and services that suit target groups as a youth.

Thus it has introduced its product; Bedaya which is considered an account for Medium and Micro Enterprises (economic activity A)

First Bank goes through the key features of Suez Canal Bank’s Bedaya (an account for Medium and Micro Enterprises):

Minimum age to open an account is 21 years
No opening Balance or opening Fees required
No Minimum Balance Require
No minimum balance commission
Competitive interest rate (savings account)
Free issuance of a Meeza card (direct debit) / ( for individual establishment only)
Unlimited text messaging service
Free subscription to the Online banking service
Free subscription to the E-wallet
Free subscription in NeQati program for calculating points on purchases transactions through the application (for individual establishment only)
Withdrawal methods include (withdrawal through the counter at the branch - ATM (for individual establishment only - bank transfers ... etc.)

Micro Enterprises accounts fees:

Choose monthly, quarterly, semi-annual, or annual interest payments according to the Client’s needs
Balance Account statement expenses 15 EGP quarterly
Periodic expenses for the account 10 EGP quarterly

Withdrawal and deposit limits for Micro Enterprises