Central Bank of Egypt: Banks Limit International Spending for Credit Cards to 250 Dollars

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After restricting debit cards’ foreign currency spending, the Central Bank of Egypt directed banks to limit the monthly cap for foreign currency purchases from within Egypt to $250.

Moreover, CBE announced that Egyptians traveling overseas should give travel documentation to banks to have their credit cards activated during their travel period. Credit card limits abroad differ according to banks and customer card types.

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