Central Bank of Libya

P.O. Box 1103 | Telegraphic Address: LIBYA - TRIPOLI - LIBYA

Reference: CBL/MN 804
Circular Letter No. CBL/MN (2015/85)
Date: 25 Shawwal 1436 AH
Corresponding Date: 11 August 2015 AD

To: The General Managers of Commercial Banks The Heads of Interim Administrative Committees of Commercial Banks The General Manager - Libyan Foreign Bank

Greetings,

This Bank has received a letter from the Head of the Airports Authority under the Ministry of Transport, Reference No. M/T 34/08/5/3, dated 02/07/2015 AD, requesting future coordination between the Central Bank of Libya and the Airports Authority regarding requiring international airline companies to submit a document certifying the absence of any financial obligations to the Airports Authority before transferring any surplus sales from foreign companies.

With reference to our Circular Letter No. CBL/MN (2014/48) issued on 29/04/2014 AD, regarding the regulations for transfers of international airline companies operating in Libya.

Accordingly, you are requested to require international airline companies operating in Libya to submit a document issued by the Airports Authority certifying the absence of financial obligations to the relevant authority, as part of the required documents when applying for approval to execute an external transfer of surplus sales from international airline companies operating in Libya.

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

"Abdel Magid Mohamed El Maqouri"
Director of Banking and Trust Supervision Department / Acting

Copy to: The Governor
Copy to: The Deputy Governor
Copy to: The Head of the Airports Authority, Ministry of Transport Copy to: The Foreign Exchange Department and Compliance Monitoring Division

K.A. El Farjani • 2 / Circular 1/2015

www.cbl.gov.ly, SWIFT Code: CBLJLYLX, +218 21 444 1488: Fax, +218 21 333 3591: Phone