Procedure
Apply via Agent
Apply In-Person:
- To Renewal of Money Remittance License in person, the applicant has to approach the Central Bank of Egypt Contact link
- Application form for renewal of banking business license is available in Central Bank of Egypt.
- Applicant should obtain the application form from Central Bank of Egypt.
- The applicant should enter all the details in the application form.
- Information related to the Central Bank of Egypt and the License authority can be obtained from the “Office locations and contacts” section of this page.
- The applicant has to make sure that he or she has all the required documents that are required for this process to be successful and they can be found under the "Required Documents" section of this page.
- Payment of appropriate fees should be made and that can be found under the "Fees" section of this page.
- The completed application should be submit to the respective office.
- After submission, the application and other documents will be forwarded for examination and verification processes.
- Once the verification and validation processes are over, the application will be approved and the officials will proceed to take required steps for renewal of the license.
- When the document is ready to be collected, the applicant will be notified by the office and the applicant can collect it by any applicable means.
- The Processing time for this procedure is 20 to 25 working days.
Required Documents
- Completed application form
- Previously issued license
- Academic Qualification Documents
- Address Proof (if applicant)
- ID Proof (if applicant)
- Proper Book Keeping Register
- Proof of Provisional Tax Payment
- Tax Clearance Certificate
- Proof of processing fees payment
Office Locations & Contacts
Central Bank of Egypt
Map. Address: 54 El Gomhoureya St. 11511,
Cairo Governorate, Egypt.
E-mail: info@cbe.org.eg;
Contact number of Central Bank of Egypt: 02 27702770.
Telephone: 16777.
Contact link
Eligibility
- Any Money Remittance holder in Egypt, whose license is about to expire but he/she wants to extend the license period, can apply.
Fees
- A non-refundable application fee of EGP2,000.
Validity
- The license granted shall remain valid unless suspended or revoked by the Authority.
Documents to Use
Please attach documents that can be used by people. e.g. links
Sample Documents
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Processing Time
- The Processing time for this procedure is 20 to 25 working days.
Videos explaining the procedure or to fill the applications.
Attach videos using the following tag <&video type='website'>video ID|width|height<&/video&> from external
websites.
Please remove the '&' inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver,
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.g In the following url 'http://www.youtube.com/watch?v=Y0US7oR_t3M' Video ID is 'Y0US7oR_t3M'.
Instructions
- The Authority may require an applicant to supply such further information as it considers necessary in relation to the application.
- A license is only granted if the applicant meets and continues to meet such minimum financial and other requirements as may be prescribed by the Authority.
- The Authority may grant a license to such conditions or restrictions as it thinks fit and the Authority may, at any time by written notice to a license holder, vary any condition or restriction or impose further conditions or restrictions.
Required Information
- The name of the company
- Full Name of Applicant
- Address of Applicant
- Identification document number
- Registration number
- Company Incorporation details
- Address and contact details
- Payment receipt number (if any)
- Telephone number
- Email address
Need for the Document
- It is mandatory for an organization that holds a Money Remittance license obtained from the Central bank of Egypt, to renew the license every time its validity period expires.
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Other uses of the Document/Certificate
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e.g. Birth Certificate can be used as proof of identity.
External Links
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Others
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