Central Bank Sets New Daily Cash Limit
The article explains the maximum daily cash withdrawal limits from banks, ATMs, and the "InstaPay" application in Egypt following the decision by the Central Bank of Egypt to keep interest rates stable. A maximum daily withdrawal limit of 30,000 Egyptian pounds has been set for branch and bank machine withdrawals, while the maximum withdrawal limit through the "InstaPay" app has been increased to 70,000 pounds per transaction and 120,000 pounds per day. This measure aims to organize the flow of funds and facilitate cash transactions for citizens and businesses.
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