The Central Bank of Egypt announced on Sunday that it will impose a temporary daily limit for withdrawals and cash deposits in bank branches to reduce the risks of the coronavirus, Al Arabiya reported.
The bank said that the daily limit for deposits and cash withdrawals in bank branches becomes $636 for individuals and $3,184 for companies.
The daily limit for deposits and cash withdrawals from ATM machines has been set at $318.
The central bank said the new measures aim to ensure protection and avoid crowding and gatherings, especially when salaries and pensions are paid, and in compliance with health and prevention instructions and safe distances, as approved by the World Health Organization.
The bank asked Egyptian dealers to reduce the use of banknotes and rely on bank transfers and the use of electronic payment methods such as bank cards and mobile phone wallets, which have become available to all.
All banks cancelled the expenses associated with the transfers and the use of electronic payment methods and tools in order to facilitate the process for citizens.
Egypt sets limits for withdrawals and deposits from banks due to coronavirus
https://arab.news/2t35v
Egypt sets limits for withdrawals and deposits from banks due to coronavirus
- The bank said that the daily limit for deposits and cash withdrawals in bank branches becomes $636 for individuals and $3,184 for companies
- The central bank said the new measures aims to ensure protection and avoid crowding and gatherings
Syrian and Lebanese presidents discuss border security after Hezbollah strikes hit west Damascus
- Ahmad Al-Sharaa expresses Syria’s absolute support for Lebanese government’s efforts to disarm the Iran-backed militant group
LONDON: The Syrian president, Ahmad Al-Sharaa, and his Lebanese counterpart, Joseph Aoun, discussed border security on Tuesday.
It came as Syria accused the Iran-backed militant group Hezbollah of massing reinforcements close to the border, targeting army positions in Syria, and launching artillery shells from Lebanese territory that landed near the town of Serghaya, west of the capital Damascus.
During his conversation with Aoun, Al-Sharaa expressed his absolute support for the Lebanese government’s efforts to disarm Hezbollah, the Syrian Arab News Agency reported. Depriving the group of its weapons was a crucial step in efforts to strengthen the sovereignty of Lebanon and protect the region from the consequences of ongoing armed conflicts, he added.
The two leaders also emphasized the need for joint action to ensure the safety of the Syrian people.
Thousands of Syrians who fled to Lebanon to escape the 13-year civil war in their country have returned home since the US and Israel launched strikes against Iran on Feb. 28, and the spread of the conflict to other parts of the Middle East.
Israel has launched strikes against Israel and several Arab countries in the region, while Hezbollah, an ally of Tehran which the UK and other nations consider a terrorist organization, has also fired into Israel.
Israeli forces have hit back against Hezbollah with strikes on southern Lebanon and southern Beirut, and its forces have occupied key areas south of the Litani River.
