Thanks to the new service, companies can now pay taxes electronically through any Barclays branch

Amr El Shafei: E-payment service helps boost cash flow circulation in the Egyptian economy

Cairo - 7 June 2015

Making sure to offer new banking services and facilitate transactions for its clients, Barclays Egypt has launched taxes and customs duties E-payment service for the corporate and investment sector. The new service has been launched in cooperation with e-Finance.

Barclays E-payment system allows corporate customers to pay their due taxes and customs duties electronically. Now, there is no need to head to tax or customs Authorities to make payments through bank checks. El Shafei, Barclays Corporate Banking Director 
Barclays Bank Egypt SAE, stated: "Tax and customs duties E-payment service offers great advantage to our corporate clients. They can now make their tax payments electronically through any of our widespread network of branches nationwide; it's a time-saver. On top of that, E-payment helps boost cash flow circulation in Egyptian economy."

He added: "The new service strengthens Barclays role in the Egyptian banking sector. It allows us to provide better service for our clients, and further helps achieve the government plan for all payments to go paperless, which will reflect positively on the Egyptian economy." added Amr

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© Press Release 2015