The Central Bank of Egypt has announced new limits for withdrawals and transfers via InstaPay, a popular mobile banking application. As of 2026, the maximum amount for a single transaction is 70,000 Egyptian pounds, with daily and monthly limits set at 120,000 and 400,000 pounds, respectively. These limits apply to each customer within a single bank.
InstaPay has become a widely used platform for instant bank transfers in Egypt, with millions of users relying on it for daily financial transactions. Understanding these new limits and fees is crucial for users to manage their finances securely. The application has seen significant growth since its launch in April 2022, offering free transfer and inquiry services for three years before introducing fees.
The Central Bank of Egypt introduced fees for InstaPay services starting April 2025. The new fees include a 0.1% charge on the transaction value, with a minimum of 50 piasters and a maximum of 20 pounds per transaction. Additionally, users are allowed 10 free balance inquiries per month, with a 50-piastre charge for each additional inquiry.
The withdrawal limits for InstaPay differ from those of ATM machines. While the daily limit for ATM withdrawals is 30,000 pounds, InstaPay's daily limit is 120,000 pounds. The daily limit for withdrawals from bank branches is 250,000 pounds. These differences highlight the varying capabilities of different banking channels in Egypt.
The recent search surge for InstaPay withdrawal limits can be attributed to the Central Bank of Egypt's decision to keep interest rates unchanged. This decision prompted customers to review the rules and regulations for electronic transactions. As a result, understanding the new limits and fees has become essential for InstaPay users.
Some banks, including Banque du Caire and Tilda, have started integrating their prepaid cards with InstaPay. This development aims to enhance the user experience by providing more convenient and flexible banking services. The integration allows users to link their prepaid cards with the InstaPay application, facilitating easier transactions.
The new limits and fees for InstaPay are part of the Central Bank of Egypt's efforts to regulate and monitor electronic transactions in the country. By setting clear guidelines, the central bank aims to ensure the secure and efficient use of digital banking services. Users are advised to familiarize themselves with these new limits and fees to make the most of InstaPay's services.
Key points
- The daily limit for InstaPay transactions is 120,000 Egyptian pounds.
- The monthly limit for InstaPay transactions is 400,000 Egyptian pounds.
- InstaPay charges a 0.1% fee on transaction values, with a minimum of 50 piasters and a maximum of 20 pounds per transaction.
