Benefits
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Hawalty Card is issued free of charge at all BM branches to beneficiaries (inside Egypt). The card offers a real time crediting of remittances from abroad without visiting BM branches since the beneficiaries' ID number will be registered among card details.
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Issued to all customers from BM branches.
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Valid for three years
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The transfer can be processed through a network of correspondent Arab banks whose details are listed on BM website
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SMS remittance alerts service on funds arrival in recipient account and cash pick-up outlets.
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Promotions and discounts in the fanciest shopping centers inside and outside Egypt, which are specified in the following applications: -
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MasterCard buy 1 get 1
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MasterCard for you
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International transfer is credited immediately to beneficiary's card in Egyptian pounds.
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Cardholders can spend remittance funds 24 hours a day through BM ATM machines inside and outside Egypt.
Usage Limits
| limits | Details |
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Limit of Online Purchasing Inside Egypt |
400,000 EGP Monthly with Maximum 8times Daily |
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Limit of Online Purchasing Outside Egypt |
Not Available
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Purchases inside Egypt |
According to the available limit– maximum by EGP 100,000 per month |
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Purchases outside Egypt |
Not Available
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Cash withdrawals from BM ATM and other bank’s ATM & POS outside Egypt |
Not Available
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Cash withdrawals from BM POS |
According to the available limit– maximum by EGP 100,000 per month |
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Cash withdrawals outside Egypt |
Not Available
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Monthly Money Transfer Limit |
EGP 50000 |
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Maximum Unused Credit Balance |
EGP 50000 |
| Cash withdrawals from BM ATM and other bank’s ATM & POS inside Egypt | 30,000 EGP |
Fees and Commissions
| Fees and charges | Details |
|
Issuance |
30 EGP |
| Card Issuance | EGP 20 |
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Card Replacement (Lost or Damaged) |
EGP 20 |
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Reset password. |
EGP 10 |
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Cash Withdrawal using BM ATM & POS |
Free |
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Cash Withdrawal using ATM networks of other banks inside Egypt (Via EBC Network 123) |
EGP 5 |
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Cash Withdrawal using ATM networks of other banks inside Egypt (Via VISA- MASTERCARD Network) |
EGP 5 |
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Cash Withdrawal using other banks POS inside Egypt |
EGP 10 + 0.33% |
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Cash Withdrawal using ATM/POS networks of other banks outside Egypt |
EGP 50 + 3% |
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Balance inquiry at BM ATM network |
Free |
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Balance inquiry using ATM network of other banks inside Egypt. |
EGP2 per transaction |
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Balance inquiry using ATM network of other banks outside Egypt. |
EGP 3 per transaction |
| Outside usage |
10% of transaction’s total value |
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Customer disputed transactions that are not entitled to costumer, whether through (fax - email - mail - call center) |
EGP 50 |
