Sudan Events – Rehab Abdullah
The Central Bank of Sudan announced the beginning of the first phase of currency replacement, starting with opening bank accounts for individuals who do not have accounts with banks.
The Central Bank clarified on Friday that the currency replacement process will be different from previous attempts, as it will require citizens to have a bank account in order to exchange their money. Those who do not have a bank account will need to visit any of the operating banks in Sudan to open one and then deposit their cash into the account.
The bank explained that by opening a bank account, customers would be able to benefit from banking services such as withdrawals and deposits, in addition to the advantages of electronic banking services provided by banking apps, such as making all the necessary payments, including bills, fees, and other services.
The Central Bank directed all banks operating in the country to facilitate the account-opening procedures to ease the currency replacement process. It also urged the public to cooperate with the banks by responding to the account-opening requirements.
