Following the announcement of the new limits for cash deposits and withdrawals from banks and ATM machines on Sunday, the Central Bank of Egypt issued a circular book for banks clarifying which transactions are exempted from the new limits.

1- Government deposits regarding electricity, natural gas, water, and oil bills with a commitment to the daily deposit limit.

2- Public and private sector enterprises.

3- Checks that are submitted to the CBE’s set-off.

4- Checks worth more than EGP 10,000 will be cashed with EGP 10,000 and the rest of the sum will be cashed over several days. Also, a new account can be set up for the client or the rest of the sum can be transferred to the client’s account in another bank without fees.

5- Credit card dues and any attached liabilities, including letters of credit.