2020-03-23

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

In an effort to limit the spread of COVID-19 and reduce cash transactions, which may pose a risk to public health, the Central Bank of Egypt has requested that the Chairman of the Board of Directors of a bank waive all fees and charges on local transfers in Egyptian pounds for a period of three months.

Egypt

Central Bank of Egypt

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