Regulatory Alerts2023-07-12
Central Bank of Libya Circular 6/2012: Outsourcing Check Printing
The Central Bank of Libya issued Circular 6/2012 to authorize commercial banks to outsource the printing of their approved checks to selected third-party companies, including the Exchange and Financial Services Company. This directive aims to accelerate the check printing process and resolve customer delays stemming from the electronic clearing system. The authorization is granted under the framework of outsourcing operations as defined by previous regulatory guidelines.
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