A wide segment of citizens is increasingly interested in learning the specific mechanisms and conditions for launching a Silver Account with the National Egypt Post Authority. This interest comes in light of the qualitative leap witnessed by Egypt Post in providing an integrated system of financial and banking services that meet the needs of various groups. Egypt Post offers flexible options for savings and daily transactions, including the Silver Current Account, high-yield accounts, or traditional non-interest accounts, all according to a set of facilitated regulations that ensure the security and ease of financial transactions.
Requirements and Regulations for Opening an Egypt Post Account 2026
The National Egypt Post Authority has established a set of flexible regulations to organize the account opening process, ensuring the needs of both individuals and companies are met. These conditions include:
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Legal Age for Individuals: The applicant must be at least 16 years old, presenting a valid National ID card.
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Opening Corporate Accounts: Egypt Post allows institutions and companies to open special accounts, provided they submit the Commercial Register, Tax Card, and management authorization.
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Minimum Balance to Open an Account (Individuals): Individuals can start by opening a savings account with a nominal amount starting from only 100 EGP.
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Minimum Balance to Open an Account (Companies): Egypt Post has set 1,000 EGP as the minimum for opening accounts designated for companies.
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Deposit Ceiling (Maximum Limit): Egypt Post allows large deposits up to 10 million EGP as a maximum for a single account.
Key Benefits of Opening an Account:
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Ease of Transaction: The ability to withdraw and deposit through a massive network of offices and ATMs across the republic.
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Total Security: Full government guarantee on all deposited amounts.
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Multiple Options: The ability to choose between annual yield accounts or Silver Current Accounts.
Guide to Opening a Silver Current Account: Conditions and Benefits
The Silver Current Account is an ideal choice for individuals and companies seeking financial flexibility with a daily variable yield. Here are the full details for 2026:
First: Conditions for Opening a Silver Account
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Legal Age: The customer must be at least 21 years old.
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Minimum Opening Balance: The account starts with a minimum of 500 EGP.
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Operational Flexibility: Immediate withdrawal and deposit at any post office nationwide.
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Administrative Fees: Please note that if an amount is deposited and withdrawn in less than 48 hours, certain administrative fees will be charged.
Second: Benefits and Services of the Silver Account
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Daily Variable Yield: Interest is calculated on the balance daily and added to the account every day, ensuring maximum benefit from your savings.
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Check Collection: Account holders can request the collection of bank checks issued in their name.
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Internal Transfers: Instant transfers between different current accounts within the Egypt Post system.
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Bank Transfers: Ability to transfer from your account to any other bank account against prescribed fees.
Third: Required Documents
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For Individuals: A clear copy of the National ID card (valid) with the original for verification.
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For Companies: Recent Commercial Register, Tax Card, ID of the company owner, and a Board of Directors resolution specifying authorized signatories.
See Also:
Guide to Opening a Savings Account for Minors
Egypt Post pays special attention to securing children's futures through the "Minors' Savings Account," allowing parents to save for their children with simple steps.
Required Documents:
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Child’s Birth Certificate: A recent computerized birth certificate (containing the National ID number).
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Guardian’s National ID: A clear copy of the father’s or legal guardian’s ID (must be valid).
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Proxy Documents (if any): If there is a proxy, a copy of the official proxy card must be submitted with the original, plus the legal power of attorney.
Account Management Authorities:
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Right of Management: The law grants the guardian or legally authorized proxy the full right to manage the account (deposits and withdrawals).
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Financial Oversight: Funds remain under the guardian's management until the child reaches legal age, ensuring a safe and organized method for long-term savings.