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Please consider the following guidelines when posting your Money Market Fund redemption request:
Requests should be submitted between 8.30 am and 12.00 pm CLT (Cairo local time), except during the holy month of Ramadan requests should be submitted between 9.30 am and 11.30 am CLT
Requests submitted before or after the mentioned time frame will be cancelled and a new request must be submitted the following working day during the specified time
Requests should be submitted during official working days (weekends or official holidays are excluded)
In case of redeeming existing units, sufficient value should be available in the Money Market Fund account
Requests should clearly mention the credit account for redemption transaction
Redemption requests must be in number of units. The equivalent amount will be credited to your EGP account
Redemption requests should be made through your EGP account only (crediting foreign currency is not applicable)
Third party transactions are not allowed
Your request to transfer units between Money Market accounts (MMI accounts) are not allowed
Money Market Fund updated prices may be obtained from the fund's web page on Bloomberg after 8.30 am CLT (9:30 am during Ramadan) through the following web link:
http://www.bloomberg.com/apps/quote?ticker=HBEGMMI:EYor by calling (202) 19007 (within Egypt) or (202) 3 535 9100 (from outside Egypt)
Kindly be advised that the bank will not process your request if it is not aligned with the above mentioned guidelines and it will be cancelled. Hence a new valid request will be required.
Terms and conditions shall apply.
HSBC Bank Egypt S.A.E.