ATMs
In addition, the maximum cash withdrawal limit from ATMs has been increased from LE 20,000 to LE 30,000. Previously, the daily withdrawal limit from bank branches was set at LE 150,000.
This comes as part of the National Payments Council's strategy and within its measures to face the pandemic's repercussions and preserve the economic reform program's gains, as well as stabilize the banking sector.
Deputy Chairman of Banque Misr Akef El Maghraby said that ATMs across the country are fed with cash during the holiday of Eidul Fitr.
Egypt Post decided to supersede postal savings books with ATMs in post offices in all governorates nationwide as of October in course.
Cyber criminals are increasingly accessing ATM machines through the banks' networks.
The money was pumped in more than 3,500 ATMs across Egypt.
Egypt Post decided to supersede postal savings books with ATMs in Cairo and Giza post offices as a first stage as of August in course.
