The Commercial International Bank (CIB), Egypt’s largest private sector bank, announced an increase in the maximum foreign currency withdrawal limit for travelers to $10,000 or its equivalent in other currencies, effective immediately and subject to regulatory guidelines.
This decision aims to better support CIB customers by facilitating their access to foreign currency needed to cover travel expenses. The bank emphasized its commitment to providing efficient and swift service to clients ahead of their travel dates.
In a related move, CIB also lowered the margin on foreign currency exchange rates applied to credit card transactions to 3%, effective from August 13, 2025, enhancing cost-efficiency for cardholders.
These measures reflect CIB’s ongoing efforts to align with customers’ needs amid evolving travel demands and currency market conditions.
