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🇪🇬 Egypt /Economy & Trade

ATM cash withdrawal fees and daily limits in Egypt: What customers pay

From Al-Masry Al-Youm · () Arabic

Translated from Arabic and summarized by DistantNews. Read the original for the full story.

At a glance

Explainer Documents & data Context piece
  • The article explains when Egyptian banks charge ATM withdrawal fees and outlines daily cash withdrawal limits.
  • The daily ATM withdrawal limit is 30,000 Egyptian pounds, while the daily limit for local-currency cash withdrawals at banks can reach 250,000 pounds.
  • Fees listed for non-customers range from 3 to 7 Egyptian pounds across the banks covered.

ATM withdrawal fees apply when customers use a card issued by one bank at a machine operated by another bank. Customers using their own bank's card at that bank's ATM do not pay a withdrawal fee.

According to the latest statement from Egypt's central bank, the maximum daily withdrawal from an ATM is 30,000 Egyptian pounds. The maximum daily cash withdrawal in local currency at banks can reach 250,000 pounds.

The fees listed for non-customers vary by bank. Arab Investment Bank charges 3 pounds, while Crédit Agricole charges 6 pounds and Commercial International Bank charges 7 pounds. Abu Dhabi Islamic Bank, First Abu Dhabi Bank, Housing and Development Bank, Banque Misr, Cairo Bank and National Bank of Egypt each charge 5 pounds.

About this summary

Originally published by Al-Masry Al-Youm in Arabic. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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