iain
New Member
Hi Just opened an account at HSBC Nabq yesterday.
Its a deposit account paying nearly 10% interest calculated monthly paid 3 monthly.
You need a passport no particular type of visa and they take your occupation, home address and business address (if these are they same, as mine are they like a second address for business as the concept of working from home blows their mind and not worth the hassle!
You can get a hole in the wall card but they send it to you (or you collec0 in Egypt and it takes about 7 days so you need to apply at the beginning of a visit.
i'll get mine when I come back 9but will apply for it then as otherwise it will sit in their ffice and expire after a month.
You need to keep EG£ 3,000 in it to avoid charges (I think the card cost £E25 or something. f you drop below the 3,000 mark they charge EG20 per month or some similar small amount.
If you don't have a card you can draw out money in person. ou can also arange internet access.
Took 10 mins. If you want a joint account you both have to sign at same time in front of bank, so both need to be there.
I was tols current accounts are only for permanent residents but the deposit account suits better anyway.
i was given my account no and the SWIFT details for me to transfer in the money. far less painful than the same process at home, seems to me.
Its a deposit account paying nearly 10% interest calculated monthly paid 3 monthly.
You need a passport no particular type of visa and they take your occupation, home address and business address (if these are they same, as mine are they like a second address for business as the concept of working from home blows their mind and not worth the hassle!
You can get a hole in the wall card but they send it to you (or you collec0 in Egypt and it takes about 7 days so you need to apply at the beginning of a visit.
i'll get mine when I come back 9but will apply for it then as otherwise it will sit in their ffice and expire after a month.
You need to keep EG£ 3,000 in it to avoid charges (I think the card cost £E25 or something. f you drop below the 3,000 mark they charge EG20 per month or some similar small amount.
If you don't have a card you can draw out money in person. ou can also arange internet access.
Took 10 mins. If you want a joint account you both have to sign at same time in front of bank, so both need to be there.
I was tols current accounts are only for permanent residents but the deposit account suits better anyway.
i was given my account no and the SWIFT details for me to transfer in the money. far less painful than the same process at home, seems to me.