Arab Finance: The state-run Banque Misr has implemented a fresh monthly limit on overseas cash withdrawals for credit card holders, according to the bank’s new limits and fees list.
The cash withdrawal limit on cards abroad ranges between the equivalent of EGP 3,000 and EGP 6,000, depending on the type of the card.
The bank has also changed the monthly cap on purchases made abroad to the equivalent of EGP 3,000 to EGP 90,000.
The mark-up fees for cash withdrawals and purchase transactions outside Egypt is 10%.