2025-07-08

A periodic book on July 8, 2025 on modifying the maximum limits of cash withdrawals temporarily due to the current circumstances

The document is addressed to the Chairman of the Board of Directors of a bank, informing them about an update regarding the daily cash withdrawal limits. Initially, the daily withdrawal limit from bank branches was increased to 250,000 Egyptian pounds for individuals and companies, and 30,000 Egyptian pounds from ATMs, as per the circular issued on April 15, 2024. Due to current emergent circumstances, a temporary exceptional increase has been approved, raising the withdrawal limit from bank branches to 500,000 Egyptian pounds for individuals and companies until further notice.

Tags
operational
payments
advisory