Egypt Post said it will contract to new companies to insure 50 cars which transfer funds during the coming days. Ayman Sadek, caretaker of Egypt Post's Chairman, said the authority is negotiating with a number of companies to insure the transfer of funds against the armed robbery; whereas the last year a number of armed robberies happened during transferring funds due to the lawlessness. He mentioned that the authority has 4000 branches in Egypt and in a number of remote regions which need to firmly insure all the process of transferring funds. The authority achieved accomplishments in developing its services during the last period, and it implements the latest technical criteria in providing high services to the citizens in all regions. The authority completely developed the system of electronic funds transfer, which allows the instant transfer of money between citizens in all the governorates.
