Egypt's CBE launches instant global money transfer service

This move is part of the CBE's ongoing efforts to modernize the country's financial infrastructure, supporting the transition to a cashless society in alignment with Egypt’s Vision 2030

Staff Writer, Arab Finance

December 24, 2024

PHOTO

Egypt - The Central Bank of Egypt (CBE) has officially launched a new service that enables instant money transfers to Egypt from anywhere in the world, available at any time, seven days a week.

The announcement was made in a video, outlining how individuals can use the service to send money seamlessly across borders.

This move is part of the CBE's ongoing efforts to modernize the country's financial infrastructure, supporting the transition to a cashless society in alignment with Egypt’s Vision 2030.

The video also highlights a list of international agents and correspondents currently offering the service, with further additions planned in the near future.

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

ZAWYA NEWSLETTERS

RELATED ARTICLES

ZAWYA NEWSLETTERS

LATEST VIDEO