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The Central Bank of Egypt has Extended Until the End of the Year the Decision to Waive Fees Associ

16/09/2020

CBE has extended until the end of the year the decision to waive fees associated with EGP transfers and ATM withdrawals put in place on 15 March 2020 as part of its measures to drive transactions to online channels and cushion the economic impact of the covid-19 pandemic. The bank will also defray itself the c. EGP 50mn total cost of fees associated with withdrawals of pensions to alleviate the financial burden on the elderly. (CBE Release)

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