2020-04-22

A circular dated April 22, 2020 amending the maximum limits for cash withdrawals and deposits issued on March 29, 2020.

Dear all, On behalf of the Board of Directors of Bank, I would like to greet you all and inform that starting from tomorrow, April 22, 2020, the daily maximum limits for both cash withdrawals and deposits from bank branches and ATMs have been raised. The previous limit was EGP 10,000 per transaction. However, now, the limit has been increased to EGP 50,000 for transactions made at bank branches and EGP 20,000 for transactions carried out through ATMs. I would like to emphasize once again on the importance of maintaining the efficiency of ATM machines as well as continuous provisioning of all ATMs by banks. All measures mentioned are effective starting from tomorrow's date, April 22, 2020. Best regards, Dr. Tarik Aamir

Egypt

Central Bank of Egypt

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