Skip to main content
image 2026 03 31 005023562 62d32b43
|

Exclusive: Central Bank Orders Commercial Banks to Launch Foreign Currency Transfers via LYPay and ONEPay Urgently

Our source has obtained a copy of a letter from the Central Bank of Libya addressed to the heads of commercial banks, instructing them to prepare and make the necessary technical arrangements to begin testing and updating their systems and applications. This is to enable the launch of foreign currency transfer services between accounts through the LYPay and ONEPay projects as quickly as possible.

The letter emphasized that the banks’ technical teams must communicate directly with the designated Central Bank officials for any inquiries regarding technical requirements or details:

  1. M. Labib Shalabi – LYPay Project
  2. M. Mohamed Lyas – ONEPay Project

Given the utmost importance of this matter, the letter stressed that it requires serious attention and will be monitored on a daily basis.

Share