2020-10-04

A circular dated October 5, 2020 amending some of the rules governing financial inclusion

The letter discusses the Central Bank of Egypt's efforts to enhance financial inclusion and increase its rates by consulting with the Anti-Money Laundering and Terrorist Financing Unit to provide more support and facilitation for citizens and companies targeted to be included in the banking system. The letter also mentions amendments to the rules and regulations regarding financial inclusion products and services, including account opening procedures and transaction limits for individuals, companies, and micro-enterprises.

Egypt

Central Bank of Egypt

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