Ahmed Yaqoub wrote Thursday, October 26, 2023 10:41 AM
In addition to the regulatory instructions previously issued on 10/17/2023 regarding the misuse of credit cards by some speculators by making cash withdrawals from abroad without actually traveling, which included some measures to facilitate the use of credit cards abroad for citizens who have actual needs for this.
In this regard, you may notice complaints from some bank customers regarding some obstacles in communicating with banks before traveling to open their credit card limits for use abroad, and the most important of these obstacles is the lack of time available before travel.
And out of concern Egyptian Central Bank To overcome any difficulties facing citizensFacilitating the use of their credit cards To cover their expenses while traveling abroad, it has been decided to open the entire credit card usage limits for any customer without the need to submit any documents once he contacts the customer service of the card-issuing bank or visits a branch for this purpose, provided that the customer adheres within a period of 90 days from opening those limits. By submitting to the card-issuing bank proof that he used the card while traveling abroad through departure and arrival stamps on his passport, or by sending proof of his continued presence abroad if it exceeds a period of 90 days.
In the event that the customer does not comply with the above, the card issuing bank will inform the Egyptian Credit Inquiry Company (I-Score) to place him on the negative list, and he will also be included in the list of customers who are prohibited from issuing Credit cards them or benefit from banking services in the future, in addition to informing the relevant authorities to take the necessary action.
2023-10-26 07:41:00
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