2022-08-25

A circular dated August 25, 2022 amending the maximum limits for cash withdrawals and deposits

Cairo, August 25, 2022: Dear all, I would like to inform you about the following amendments: - The maximum daily withdrawal limit for individuals and companies from bank branches and ATMs has been abolished. - The maximum daily cash withdrawal limit for individuals and companies from banks has been increased from EGP 50,000 to EGP 150,000 while the limit on ATMs remains at EGP 20,000. Please note that these changes will be effective as of August 25, 2022 and thank you for your cooperation. Sincerely, Hassan Abd El Hakim

Egypt

Central Bank of Egypt

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