#Currency transfers
Central Bank of Egypt (CBE) has decided to remove the limits imposed on the international currency transfers for the individual bank transactions, according to a statement released by the bank on Wednesday. Prior to the decision, the maximum limit of currency transfer abroad was $US 100,000 or its equivalent from other currencies only once per year. The limitation of currency transfer was first imposed on Feb. 13, 2011. According to the statement, this step was taken in light of Egypt's…
