2018-01-10

A circular dated January 9, 2018 regarding monitoring the accounts of deceased persons to avoid adding insurance and pension benefits to them.

On January 9, 2018, a letter was sent to the Chairman of the Board of a bank in Cairo, alerting him to information about bank accounts receiving insurance benefits and pensions despite the account holders being deceased. The letter emphasizes the importance of monitoring these accounts regularly and notifying the Social Insurance Authority to prevent further unauthorized additions of benefits. The recipient is requested to take the necessary action in this matter.

Egypt

Central Bank of Egypt

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