2022-08-25

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

On August 25, 2022, the Central Bank of Egypt issued a decree removing deposit limits for individuals and businesses at bank branches and ATMs. The daily cash withdrawal limit for individuals and businesses at bank branches was also increased from 50,000 to 150,000 Egyptian pounds, while the ATM withdrawal limit remained at 20,000 Egyptian pounds. These changes aimed to ease restrictions on citizens and businesses in the aftermath of the COVID-19 crisis.

Egypt

Central Bank of Egypt

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