{"id":637578,"date":"2017-11-20T04:08:30","date_gmt":"2017-11-20T04:08:30","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/20\/cbe-eases-caps-on-withdrawals-deposits-via-mobile-cash-transfer-services\/"},"modified":"2017-11-20T04:08:30","modified_gmt":"2017-11-20T04:08:30","slug":"cbe-eases-caps-on-withdrawals-deposits-via-mobile-cash-transfer-services","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/20\/cbe-eases-caps-on-withdrawals-deposits-via-mobile-cash-transfer-services\/","title":{"rendered":"CBE eases caps on withdrawals, deposits via mobile cash transfer services"},"content":{"rendered":"<p><strong>The CBE has reportedly approved raising caps on cash withdrawals and deposits via mobile cash transfer services<\/strong>, Vodafone Egypt Sales Director Karim Shehata announced in a press conference on Sunday, <a href=\"http:\/\/almalnews.com\/Story\/353635\/17\/%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A-%D9%8A%D9%88%D8%A7%D9%81%D9%82-%D8%B9%D9%84%D9%8A-%D8%B1%D9%81%D8%B9-%D8%AD%D8%AF%D9%88%D8%AF-%D8%A7%D9%84%D8%B3%D8%AD%D8%A8-%D8%B9%D8%A8%D8%B1-%D8%A7%D9%84%D9%85%D8%AD%D9%85%D9%88%D9%84-%D8%A5%D9%84%D9%8A-%D9%A1%D9%A0-%D8%A3%D9%84%D8%A7%D9%81-%D8%AC%D9%86%D9%8A%D9%87%E2%80%8E\">according to Al Mal<\/a>. The daily transaction limit was raised to EGP 10,000 from EGP 5,000, while the monthly limit was raised to EGP 50,000, <a href=\"http:\/\/www.egypttoday.com\/Article\/3\/33215\/CBE-approves-raising-mobile-cash-transfer-limit-in-Egypt\">according to Egypt Today<\/a>. The move, part of the CBE\u2019s drive to increase mobile banking and electronic payments systems, will help expand services such as Vodafone Cash, whose clients now number 3 mn users, said Shehata. The announcement came at the signing of an agreement between Vodafone Cash and the Bank of Alexandria to facilitate online payments through the service. <strong>So far as we can tell, the Central Bank of Egypt has yet to confirm the news.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The CBE has reportedly approved raising caps on cash withdrawals and deposits via mobile cash transfer services, Vodafone Egypt Sales Director Karim Shehata announced in a press conference on Sunday, according to Al Mal. The daily transaction limit was raised to EGP 10,000 from EGP 5,000, while the monthly limit was raised to EGP 50,000, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-637578","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"8bd30905-7fe2-4517-bd39-16a7b46f6105","order":"0","is_powered_by":true,"section_story_id":"08d025e9-cecb-4d00-ba44-1098b3d37336","story_type":"1","photo_url":"","photo_position":"above","related_issue":[637565],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>CBE eases caps on withdrawals, deposits via mobile cash transfer services - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/20\/cbe-eases-caps-on-withdrawals-deposits-via-mobile-cash-transfer-services\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CBE eases caps on withdrawals, deposits via mobile cash transfer services\" \/>\n<meta property=\"og:description\" content=\"The CBE has reportedly approved raising caps on cash withdrawals and deposits via mobile cash transfer services, Vodafone Egypt Sales Director Karim Shehata announced in a press conference on Sunday, according to Al Mal. The daily transaction limit was raised to EGP 10,000 from EGP 5,000, while the monthly limit was raised to EGP 50,000, [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/20\/cbe-eases-caps-on-withdrawals-deposits-via-mobile-cash-transfer-services\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-11-20T04:08:30+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/20\/cbe-eases-caps-on-withdrawals-deposits-via-mobile-cash-transfer-services\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/20\/cbe-eases-caps-on-withdrawals-deposits-via-mobile-cash-transfer-services\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"CBE eases caps on withdrawals, deposits via mobile cash transfer services\",\"datePublished\":\"2017-11-20T04:08:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/20\/cbe-eases-caps-on-withdrawals-deposits-via-mobile-cash-transfer-services\/\"},\"wordCount\":140,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/20\/cbe-eases-caps-on-withdrawals-deposits-via-mobile-cash-transfer-services\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/20\/cbe-eases-caps-on-withdrawals-deposits-via-mobile-cash-transfer-services\/\",\"name\":\"CBE eases caps on withdrawals, deposits via mobile cash transfer services - 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The CBE said the measure is designed to force\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/3\/339.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":548919,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/28\/cbe-lifts-restrictions-on-cash-deposits-raises-ceiling-on-withdrawals\/","url_meta":{"origin":637578,"position":1},"title":"CBE lifts restrictions on cash deposits + raises ceiling on withdrawals","author":"enterpriseam admin","date":"28 August 2022","format":false,"excerpt":"You can now deposit + withdraw more cash from your bank account: The Central Bank of Egypt (CBE) has raised the daily limit that individuals and businesses can withdraw in-branch from their bank accounts and scrapped limits on cash deposits at both bank branches and at ATMs, it said in\u2026","rel":"","context":"In &quot;Banking&quot;","block_context":{"text":"Banking","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/banking\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/8\/408.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":636956,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/05\/vodafone-seeking-approval-to-transfer-egyptians-remittances\/","url_meta":{"origin":637578,"position":2},"title":"Vodafone seeking approval to transfer Egyptians\u2019 remittances","author":"enterpriseam admin","date":"5 November 2017","format":false,"excerpt":"Vodafone Egypt is seeking regulatory approval to have customers use its Vodafone Cash services to send remittances to Egypt, Al Mal reports. The company says it has 4 mn users of the service and is looking to expand it to include services like payroll. Al Mal also notes that the\u2026","rel":"","context":"In &quot;Telecoms + ICT&quot;","block_context":{"text":"Telecoms + ICT","link":"https:\/\/enterpriseam.com\/egypt\/category\/telecoms-ict\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":599745,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/09\/vodafone-egypt-appoints-two-of-its-directors-heads-of-sales\/","url_meta":{"origin":637578,"position":3},"title":"Vodafone Egypt appoints two of its directors heads of sales","author":"enterpriseam admin","date":"9 January 2019","format":false,"excerpt":"MOVES- Vodafone Egypt has appointed Karim Shehata (LinkedIn) as head of the corporate division and Mohamed Abdullah (bio) as head of the commercial division, according to an emailed statement. The two will assume their new positions this April. Abdullah joined Vodafone in 1998 upon his graduation with a BA in\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":622059,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/26\/cbe-to-provide-mobile-lending-services-in-1h2019\/","url_meta":{"origin":637578,"position":4},"title":"CBE to provide mobile lending services in 1H2019","author":"enterpriseam admin","date":"26 November 2018","format":false,"excerpt":"Central bank to allow mobile lending in 1H2019 \u2013report: The CBE allow mobile lending as early as 1H2019 as part of the country\u2019s financial inclusion drive and bid to reduce the role of cash in the economy, sources from mobile network operators Vodafone, Orange and Etisalat told Al Mal. Mobile\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":601091,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/19\/vodafone-to-pay-telecom-egypt-egp-5-5-bn-dividends\/","url_meta":{"origin":637578,"position":5},"title":"Vodafone to pay Telecom Egypt EGP 5.5 bn dividends","author":"enterpriseam admin","date":"19 February 2019","format":false,"excerpt":"Vodafone Egypt will pay Telecom Egypt dividends worth some EGP 5.5 bn in two installments, Telecom Egypt said in a statement (pdf). The first EGP 4.8 bn tranche is planned in March, with the balance due in June 2020. \u201cTelecom Egypt plans to utilize the cash inflow to deleverage closing\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/637578","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=637578"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/637578\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/637565"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=637578"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=637578"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=637578"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=637578"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=637578"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}