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The Central Bank of Egypt has set the maximum transfer amount through the InstaPay app at 70,000 Egyptian pounds per transaction. The app also allows for daily transactions up to 120,000 pounds, with the limit automatically resetting after 24 hours. The monthly total transfer limit through the app is 400,000 pounds per registered bank, aiming to protect users from fraud, enhance security in digital transactions, and support digital transformation and financial inclusion in Egypt.
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