2020-03-23

A circular dated March 22, 2020 regarding exempting local transfers in Egyptian pounds from all commissions and expenses.

In a letter dated March 22, 2020, the Governor of the Central Bank of Egypt requested the waiver of all fees and charges on local transfers in Egyptian pounds for a period of three months. This measure was implemented to reduce cash transactions and limit the spread of COVID-19, in line with the bank's proactive policies and health precautions.

Egypt

Central Bank of Egypt

Show thumbnail