The National Bank of Egypt has announced the launch of the Visa Platinum Direct Debit Card in US dollars for its customers, in collaboration with Visa. This initiative builds upon the successful partnership between the two entities, aiming to meet the financial needs of customers for their transactions outside Egypt in foreign currency.
National Bank of Egypt Visa Platinum Card provides customers with a host of exclusive benefits and features. By directly debiting funds from their USD accounts, cardholders can make purchases and withdraw cash in USD, eliminating the need for currency conversion and associated fees. This empowers customers to manage their international transactions more efficiently and enjoy increased transparency regarding exchange rates and transaction costs.
National Bank of Egypt remains committed to delivering innovative solutions that enhance customer experiences and simplify banking processes. The introduction of the Visa Platinum Card for direct USD debit transactions reaffirms the bank's position as a leader in providing tailored financial products and services to its valued customers.
Karim Sous, the CEO of Retail Banking and Branches at the National Bank of Egypt, emphasized that the launch of the Visa Platinum Direct Debit Card in US dollars for customers reflects the cooperation between the bank and Visa. This product, in collaboration with Visa, will help meet the services provided to customers outside Egypt. The National Bank of Egypt is committed to meeting the diverse needs and requirements of its customers both within and outside Egypt.
He added that the launch of the new card, Visa Platinum Direct Debit Card in US dollars, is part of the bank's strategy to offer new banking products and services, with the aim of providing a differentiated and easier banking experience that puts the customer first in meeting their changing and growing needs across all customer segments.
Sous confirmed that the Visa Platinum Direct Debit Card in US dollars offers many exclusive benefits for both existing and new customers. It can be issued when opening an account in US dollars for new customers, as well as for existing customers with US dollar accounts. The card enables customers to conduct all financial transactions in foreign currencies outside Egypt, including purchases, international cash withdrawals, online payments, and global online shopping, 24/7. It also offers other international benefits.
