Regulatory Alerts2016-03-09
Added · Updated
Circular dated March 9, 2016 regarding the cancellation of maximum limits for cash deposits and withdrawals for legal persons importing basic goods
The Central Bank of Egypt cancels the maximum limits for foreign currency cash deposits and withdrawals for legal persons engaged in importing basic goods and products, effective March 9, 2016. The existing maximum limits remain in force for legal persons importing other goods that are not classified as basic. The circular instructs recipients to take necessary measures to implement this decision.
Topics
fx
monetary
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