CIB relaxes worldwide spending limits for bank cards

Michael Brown

International Courant

Dandy purchasing middle

The Industrial Worldwide Financial institution introduced on Monday that it has relaxed worldwide spending limits for all bank cards inside and outdoors Egypt, relying on the kind of every sector.

It additionally diminished the margin on trade charges for all playing cards to 5 % from 10 %.

The charge for money withdrawals from ATMs exterior Egypt has additionally been saved at 10 %, with a minimal of LE20.

The financial institution elevated the month-to-month restrict for worldwide purchases inside Egypt for Prime and Plus sector clients to LE75,000 from LE50,000, and LE100,000 from LE50,000 for the Wealth, Personal, Enterprise sectors Banking and Company.

The financial institution has adjusted the month-to-month restrict for purchases exterior Egypt for Prime clients to LE100,000 from LE75,000, and LE3,500 for money withdrawals.

The month-to-month restrict for purchases exterior Egypt for the Plus sector was elevated to LE175,000 from LE125,000, and LE5,000 for money withdrawals. Worldwide utilization limits for month-to-month purchases for wealth sector clients have been elevated to LE 250,000 from LE 175,000, and LE 8,000 for money withdrawals. The month-to-month restrict for purchases exterior Egypt for personal sector clients has change into LE 300,000 from LE 200,000 and LE 10,500 for money withdrawal. The month-to-month restrict for worldwide purchases for the enterprise sector has been elevated to LE 175,000 from LE 125,000 and LE 4,000 for money withdrawals. The month-to-month restrict for the enterprise sector was elevated to LE 250,000 for purchases from LE 175,000 and 4,000 for money withdrawals.

CIB relaxes worldwide spending limits for bank cards

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