Coronavirus
Regulation, Risk & Compliance
Retail Banking
Uncategorized
Egypt's central bank places limits on cash withdrawals
Egypt's central bank on Sunday said it had instructed banks to put temporary limits on daily withdrawals and deposits amid concerns over the spread of the coronavirus pandemic. The daily limit for individuals will be 10,000 Egyptian pounds (Dh2,328/US$640) and 50,000 pounds for companies. However, companies would be exempted if…
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