All charges against money transfers from UAE to Egypt in Egyptian Pound through the branches of Bank of Egypt in the UAE have been waived, the Regional Manager of Bank of Egypt Branch in the UAE Hassan Al Buhairi has announced.
He added the step aims to support the Egyptian economy through encouraging the Egyptian expatriates, especially in the Gulf region to transfer their savings home, indicating that the money transfers of expatriates were important source to the Egyptian economy.
Al Buhairi noted that the bank was keen to set appropriate and competitive prices. He added that the transfers will be free of charges whether a client has account or not.
