Central Bank of Libya Circular Letter No. 146 (2017)

Central Bank of Libya

P.O. Box 1103 | Telegram Address: Bank of Libya - Tripoli - Libya

Reference: AMN / 804

Circular Letter No. AMN (2017/146)

Date: 6 Dhu al-Qi'dah 1438 AH
Corresponding Date: July 30, 2017

To the General Managers of Commercial Banks
To the Heads of Temporary Administrative Committees of Commercial Banks
To the General Manager - Libyan Foreign Bank

Greetings,

With reference to Circular Letter No. AMN (2012/191) dated July 22, 2012,
regarding the referral of electronic and manual clearing rules for implementation across all commercial banks.

And with reference to the letter from the Director of Payments and Settlements Department at the Central Bank of Libya dated July 17, 2017, addressed to the Governor of the Central Bank of Libya, regarding approval for extending the acceptance period for high-value coins exceeding 250,000.000 LYD through the (ECC) system to public sector entities only until the end of October 2017.

We hereby inform you of the Central Bank of Libya's approval to extend the operation of high-value coins exceeding 250,000.000 LYD through the (ECC) system for public sector entities only until the end of October 2017.

Peace, mercy, and blessings of God be upon you.

Dr. Mukhtar Al-Hadi Al-Taweel
Director of Banking and Currency Supervision Department

Copies to //
To the Governor
To the Director of Banking Operations Department, Central Bank of Libya
To the Director of Payments and Settlements Department, Central Bank of Libya
To the Director of Service Resources and Applications Department, Central Bank of Libya
To the Head of the Electronic Clearing Project Team
To the Compliance Units in Commercial Banks
Banking Follow-up and Supervision Department

• Al-Kilani / Circular Letters (2017/ 146)

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