NBE, Banque Misr Raise Credit Card Withdrawal Limits Abroad to $5,000 ...Egypt

Egyptian Streets - News

The National Bank of Egypt (NBE) and Banque Misr have raised foreign currency spending limits on credit cards for international transactions to USD 5,000 (EGP 300,000), the banks announced on Monday. NBE has also increased the foreign currency spending limits on credit cards for non-travel transactions, setting the maximum tier at EGP 100,000 (USD 2,000). In June, both banks increased credit card limits by 50 percent and lowered the transfer commission from 10 percent to five percent. Additionally, the monthly purchase limit for the highest category of credit cards was raised to USD 6,000 (EGP 290,000). Egypt’s two-year struggle with a US dollar shortage has begun to ease following a USD

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Last updated : 10 September 2024 clock 05:49 PM

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NBE, Banque Misr Raise Credit Card Withdrawal Limits Abroad to $5,000 ...Egypt

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