Alex Bank Disbursed 184,000 Yellow Remittances

Alex Bank disbursed 184 thousand yellow remittances with value of EGP 729 million till the end of the last week, sources told Amwal Al Ghad.

Alex Bank allocated 75 branches for disbursement of its 200 branches across Egypt.

National Bank of Egypt, Arab African International Bank, Banque Misr and Alex Bank are disbursing US$ 408.38 million, the value of yellow remittances owed by Iraq to 670 thousand Egyptian workers who left the country in the 1990s during the first gulf war.

Ministry of Workforce and Immigration announced that the required documents for disbursing yellow remittances are the original remittance or the passport in which it is documented the value of remittances.