CBE cancels cash withdrawal, deposit limits ...Egypt

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CBE cancels cash withdrawal, deposit limits
The Central Bank of Egypt canceled the limits of cash withdrawals from ATM machines on deposits and raised the maximum withdrawal limit, in a new decision today regarding the limits of withdrawal and deposit for retailers and companies, whether through bank branches or ATMs. The decision was previously imposed under precautionary measures taken to counter the effects of the emerging coronavirus crisis, which were put into effect in March 2020. Daily withdrawal limits from ATM machines: 1- The Central Bank’s decision raised the maximum daily withdrawal limit for individuals to LE150,000 from bank branches. 2- Daily withdrawal limits from ATM machines was kept at LE20,000. Decision on withdraw

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