Circular Letter No. 192/2013

Central Bank of Libya
P.O. Box 1103, Telegram Address: Misrata Street, Tripoli, Libya

Reference No.: 1/MHN/804
Circular Letter: C.B.L. No. (192/ 2013)
Date: 9 Muharram 1435 AH
Corresponding Date: 13 November 2013 AD

To: The General Managers of Commercial Banks The Presidents of the Interim Administrative Committees of Commercial Banks The General Manager - Libyan Foreign Exchange

In the Name of Allah, the Most Gracious, the Most Merciful

Based on the provisions of Law No. (1) of 2005 concerning Banks and its amendments.

And with reference to the letter from Mr./Undersecretary of the Ministry of Health in the Transitional Libyan Government, bearing Reference No. 16408, dated 24/06/2012 AD, concerning the request of the Central Medical Committees under the Ministry of Health in general for approval to conduct foreign remittances directly without referring to the Central Bank of Libya in each case. The approval of Mr./Governor of the Central Bank of Libya was granted to the aforementioned request, following which some committees that previously applied for approval were exempted from the condition of obtaining prior permission from the Central Bank of Libya regarding conducting foreign remittances.

Therefore, you are requested not to transfer medical amounts directly to hospitals, but to transfer them to the health offices of Libyan embassies abroad. If transfer to the health offices is not feasible, they shall be transferred directly in the name of the embassy.

Signature:
Abdul Hafeez Masoud Tarbil
Director of the Banking Supervision Department and Representative/Appointed Delegate

Copies to: Mr. Governor
Copy to: Mr. Deputy Governor
Copy to: Mr./Undersecretary of the Court of Audit Copy to: Mr./Undersecretary of the Ministry of Health in the Libyan Government Copy to: The Egyptian Follow-up and Compliance Monitoring Department

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