The Central Bank of Egypt has instructed banks operating in Egypt to restrict the use of debit and credit cards outside of Egypt for non-travelers. This means that those living abroad cannot use these cards, and to also prevent the use of dollars by individuals that are not the owners of the cards. The periodic book sent instructions to Egyptian banks stating that, they must adhere to restrict the use of some credit cards and debit cards in operations outside of Egypt. This does not apply to customers holding cards inside the country. Refusal to comply and the misuse of these cards after the rules have been issued will lead to complications for accounts. The CBE added: “Likewise, it is proh
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