High-efficiency of cash dispensers is urged - CBE

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Thu, 23 Apr 2020 - 12:41 GMT

FILE - CBE

FILE - CBE

CAIRO - 23 April 2020: The Central Bank of Egypt (CBE) urged on Wednesday all banks nationwide to guarantee the high efficiency of Automated Teller Machines (ATMs) and to make sure they are replenished with cash regularly.

In a statement, the central bank also underlined the importance of sterilizing all cash dispensers on a periodical basis as part of precautionary measures against COVID-19.

The statement came after the CBE raised the withdrawal limit from ATM machines from LE 5,000 to 20,000 daily to help secure citizens' needs during the fasting month of Ramadan.

It also increased the withdrawal limit through bank tellers from LE 10,000 to 50,000 daily.

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