Quote:
Originally Posted by lyndsay552
I just went in to HSBC to find out about opening an account and found this -
The one off fee of USD 200 is levied on a "per account basis" upon receipt of completed account opening documents by Egypt International Banking Centre.
This is for an international account.
I've applied online for a normal current account but you must have an average balance of £500.
Lyndsay
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Just wait until you come out here and open an account rather than trying to do it remotely. It only takes 30 minutes.
I thought that it was $500 and GBP300 that they needed for the average balance, but I might be wrong.
In any case, they only require this average balance (in each account if you have multi-currency accounts) to avoid paying bank charges (which aren't that high anyway).