CBE caps local currency cash withdrawal at EGP 150,000 per day

Requests for cash withdrawals of amounts that exceed the limit will be reported to the CBE twice a day (at 12 PM and 3 PM) for approval.

Egyptian banks have been taking measures to limit bank transactions abroad and inside Egypt.

In August 2022, the CBE raised the cap for daily withdrawals from bank branches for both individuals and companies to EGP 150,000, up from EGP 50,000, while keeping the maximum limit for withdrawals for individuals from ATMs at EGP 20,000.