Regulatory Alerts2022-06-07
Central Bank of Libya Circular Letter No. 2014/101
The Central Bank of Libya extends the operational validity of high-value checks exceeding 250,000.000 LYD processed through the ACP system for public sector entities until June 2015. This directive, issued by the Acting Director of Banking and Currency Supervision, formally updates previous circulars from 2012 and 2014 to align the acceptance deadline with mid-2015. Commercial banks and internal operational departments are required to implement this extension immediately across all applicable clearing transactions.
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