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Exclusive: Banking Sources: Personal Purposes System to Resume Next Sunday; Circular to Allow Direct Transfers via Exchange Companies Up to $100,000
Banking sources exclusively revealed to our source that the Personal Purposes System will resume operations next Sunday, following a technical suspension period dedicated to system updates and technical enhancements. This step comes as part of preparations to restart the sale of citizens’ foreign currency allocations and to ensure smooth processing of bookings and transfers through exchange companies.
The sources added: “We will issue a circular allowing direct transfers through exchange companies of up to $100,000 per transfer, for the purposes of small traders and small and medium-sized enterprises.”