Are there any fees on transfers through the InstaPay app? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

Are there any fees on transfers through the InstaPay app?

Asked by Banky team 2 months ago
Banky team Reviewed editorial answer

The service is currently completely exempt from any fees, under instructions from the Central Bank of Egypt to encourage the digital shift. Any future change to the fees will be announced officially through the Central Bank and the app.

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