2012-05-03

Added 2026-06-04 · Updated 2026-08-16

Circular 12/2012 Regarding the Cancellation of the 25% Cash Guarantee on External Remittances for Importing Goods and Production Means

The Central Bank of Libya cancels the requirement for customers to deposit a 25% cash guarantee in Libyan Dinars for external remittances used to import goods and production means. This decision, issued by the Director of the Banking and Currency Supervision Department, revokes the provision previously established in Circular No. (2012/4) dated January 30, 2012. The cancellation applies to commercial banks and the Libyan External Bank, allowing them to process these remittances without the prior financial security deposit.

Libya

Central Bank of Libya

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