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Egypt increases limit for overseas accounts in the Open Your Account program
The Egyptian Ministry of Foreign Affairs, in coordination with the Central Bank and participating banks, announced the increase of the maximum balance limit for the "Open Your Account in Egypt" initiative for Egyptians overseas from 750,000 EGP to one million EGP, or its equivalent in foreign currencies, starting from the end of June 2026. The initiative is implemented through the branches of the National Bank of Egypt and Bank of Egypt in 113 countries via more than 154 diplomatic and consular missions, aiming to expand financial inclusion services and facilitate banking transactions for Egyptians abroad.
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