Banque Misr’s latest service comes in
light of its constant mission to provide the highest level of services and to
surpass customers’ expectations, and in continuation of its pioneering role in
providing distinguished services for individuals and institutions. Furthermore,
the service seeks to overcome the issues of dispensing salaries and incomes in
cash, which causes a number of administrative problems, whereby institutions
may be subject to:
- The risks of
transporting cash from banks to the workplace.
- The risks of
keeping the cash until all salaries are dispensed.
- Difficulties in
salary disbursement procedures.
- Lack of
efficiency and time wasted during those procedures.
As such, Banque Misr has introduced a
system to meet all customer’s payroll needs, as well as incentives to switch to
an electronic payroll system through a number of products that suit all payroll
processes and customer needs, whether via payroll cards or accounts.
First: Payroll Cards

Card Benefits:
- Exemption from card
issuance fees.
- Exemption from card
renewal fees.
- Five year validity.
- Withdrawal from the
largest ATM network nationwide, at over 2,050 machines.
- Free bank statement
summary through Banque Misr ATMs.
- Shopping via any POS
operating with Visa and MasterCard.
- Withdrawal services
from within bank branches for lost or damaged cards.
- The maximum withdrawal
rate is EGP 8,000 daily.
- The card can be fed
more than once a month (salary, incentives, bonuses) without any commissions.
- Access to Fawry
services to pay off purchases, bills and donations at ATMs.
- Salaries are disbursed
on the same working day.
Second: Payroll Accounts
Account Benefits:
- Current account without
launch fees.
- EGP 5 bank statement
fees every three months.
- Cash deposits and
withdrawals accepted.
- The account can be fed
more than once a month (salaries, incentives, bonuses).
- The largest banking
network in Egypt, at over 500 branches and over 2,050 ATMs.
- Free balance inquiries
and bank statements via any Banque Misr ATM.
- Card issued powered
either by Visa Electron or MasterCard (with withdrawal and purchase benefits).
- Option of issuing a
check book for the account.
- Option of issuing
additional cards for the account.
- Easy access to online
banking and voice services (via 19888 hotline), which allow customers to
electronically:
- Inquire about balance
- Inquire about all
account transactions
- Option to launch
subsidiary accounts in any currency and to transfer money between accounts.
- Access to Fawry
services to pay off purchases, bills and donations at ATMs and money transfer
services between the different accounts within the bank.
- Salaries are disbursed
on the same day when the financial file and transfer are sent before 12:00 pm.
Procedures required to obtain the products:
- Signing an agreement
contract to provide the service and launch a current account for payrolls at
any Banque Misr branch. The account is fed on a monthly basis.
- The company is provided
with an electronic program that works on any computer to operate the employees’
salaries, and an official is trained on how to use the program for free.