2016-02-09
Added · Updated
The Central Bank of Libya reduces the annual maximum limit for foreign currency transfers for personal purposes per individual by 50% to $7,500.00 or its equivalent in foreign currencies. This limit applies to natural persons requesting foreign currency purchases and transfers for personal needs, provided they maintain a bank account with the relevant bank and have held an account with that bank for at least six months prior to the application date. The decision amends Article 3 of Decision No. 1 of 2013 and takes effect from the date of issuance.
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