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Exclusive: Central Bank Invites Commercial Banks to Discuss Mechanisms for Dealing with Exchange Companies and Offices and Granting Them Authority for Fast Transfers and SWIFT (103) Transfers
The Central Bank of Libya has exclusively revealed to our source that it has invited the managers of commercial banks to a meeting to discuss mechanisms for dealing with exchange companies and offices, and to grant them the authority to carry out fast transfers and SWIFT (103) transfers.
The meeting will also discuss mechanisms for handling intermediary accounts held by these offices and companies at banks, the purchase of foreign currency from citizens through account-to-account transfers, and other topics that would help resume exchange activity at the beginning of the coming year.