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CBL declares rules for selling foreign currency for specific purposes in Libya

The Address | Benghazi – Libya

TRIPOLI – The Tripoli-based Central Bank of Libya (CBL) on Sunday issued a number of regulations regulating the sale of foreign currency for personal, therapeutic, academic and documentary purposes.

The Central Bank authorized in its address to the bank managers and the general manager of the company of Transactions for Financial Services the selling of foreign exchange of citizens for personal purposes so that the maximum amount is transferred per person is $ 10 thousand per year.

The Central Bank clarified that the banks will make quick transfers in foreign currency for personal purposes through the Western Union or MoneyGram or direct transfer in addition to the issuance and shipping of Visa cards or Mastercard International.

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