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Exclusive: Central Bank Issues Directive to Exchange Companies and Offices to Limit to Only Three Bank Accounts

Our source has obtained a circular issued by the Central Bank of Libya to licensed exchange companies and offices, requiring them to maintain a maximum of three bank accounts across three operating banks in Libya for their transactions. They must also notify the supervisory department of these accounts and are not allowed to change them without prior approval from the department.

This comes within the framework of the final approval for exchange offices and companies and the regulations governing their operations, based on Decision No. (5) of 2026 regarding setting the maximum limit for the sale of foreign currency.

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