Know your InstaPay limits: Central Bank announces new rules

The Central Bank of Egypt (CBE) has increased the daily and monthly spending limits for digital payments made using apps like InstaPay. The Central Bank has announced the following withdrawal limits Maximum amount per transaction: 70,000 Egyptian Pounds. Maximum daily amount: 120,000 Egyptian Pounds. Maximum monthly amount: 400,000 Egyptian Pounds. This announcement from the CBE …

Here are the InstaPay withdrawal limits following the CBE’s recent decision

egyptindependent.com - 06/Nov 08:10

The Central Bank of Egypt announced amending the maximum daily and monthly transactions and the maximum single transaction on the InstaPay digital...

CBE conducts training programme for calibres from Djibouti’s central bank

dailynewsegypt.com - 05/Nov 17:33

The Central Bank of Egypt (CBE) conducted a training programme for calibres from the Central Bank of Djibouti (CBD) covering the latest operational...

US dollar exchange rate against Egyptian pound at Egypt’s major banks

egyptindependent.com - 08:51

The Egyptian pound held steady against the US dollar on Friday, maintaining its recent upward trend in local banks, according to the latest official...

IMF’s Georgieva praises Egypt’s reforms, flexible exchange rate

dailynewsegypt.com - 03/Nov 14:40

Egypt has successfully implemented a flexible exchange rate system, the International Monetary Fund’s (IMF) managing director Kristalina Georgieva...

Entrepreneur empathises with struggle for restricted forex

newsday.co.tt - 05/Nov 04:29

YOUTH entrepreneur Keron Rose says he understands the concern that people have over the restriction on the use of their debit cards to make US-dollar...

CBE receives 28 offers worth €922.8m to cover local euro-denominated T-bills issuance

dailynewsegypt.com - 04/Nov 19:03

The Central Bank of Egypt (CBE) received 28 offers worth €922.8m to cover an issuance of local treasury bills denominated in the European currency....

Reserve Bank of Zimbabwe reviews transaction limits

chronicle.co.zw - 04/Nov 22:04

Sikhulekelani Moyo, mskhulekelani16@gmail.com THE Reserve Bank of Zimbabwe (RBZ) has reviewed upwards the transaction limits for mobile and electronic...

RBZ ups transfer limits as battered ZiG loses steam

zimbabwesituation.com - 02/Nov 05:37

Source: RBZ ups transfer limits as battered ZiG loses steam -Newsday Zimbabwe THE Reserve Bank of Zimbabwe (RBZ) yesterday reviewed upwards...

Consortium of Egyptian banks provides EGP 18bn loan to Telecom Egypt

dailynewsegypt.com - 28/Oct 18:29

A consortium of 13 Egyptian banks has provided Telecom Egypt, the country’s leading telecommunications company, with a seven-year loan worth EGP...

Egypt: United Oil & Gas completes Egypt withdrawal

energy pedia.com - 31/Oct 14:33

AIM-listed United Oil & Gas, the oil and gas company with a high impact exploration asset in Jamaica and a development asset in the UK, has announced...

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