Egyptian banks announced the resumption of work by imposing withdrawal and inquiry fees from ATM machines, with the start of next July, as well as the application of balance inquiry fees, in the event that the Central Bank of Egypt did not announce the extension of this initiative, which was issued to reduce the repercussions of the crisis. Corona Virus.
Maged Fahmy, a banking expert and former head of the Industrial Development Bank, revealed that the Central Bank of Egypt had announced the extension of the deadline for exempting the customer from withdrawal fees from ATM machines, which came for an additional 6 months, and ends at the end of this June.
He explained that this was the decision in the beginning, due to addressing the outbreak of the Corona virus crisis, and he explained that this decision is very good, and we hope that it will continue to be implemented and extended once more, and this is what we expect from the Central Bank and its decisions.
