2017-11-22

A circular dated November 20, 2017 regarding the electronic response received from customs to banks on Form 4.

In a letter dated April 14, 2013, the bank's chairman outlined several regulations that must be followed when endorsing import documents, including a requirement for the importer to provide the bank with a copy of the customs declaration form, stamped and signed by the customs officer executing the transaction. A subsequent letter dated August 30, 2017, emphasized the need for both paper and electronic submissions of these declarations and requested that the previous requirement be amended to reflect this. The bank requests that the necessary actions be taken to ensure compliance with these updated requirements.

Egypt

Central Bank of Egypt

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