{"id":253494,"date":"2025-04-06T18:47:47","date_gmt":"2025-04-06T16:47:47","guid":{"rendered":"https:\/\/sada.ly\/en\/?p=253494"},"modified":"2025-04-06T18:47:47","modified_gmt":"2025-04-06T16:47:47","slug":"exclusive-including-2000-personal-use-cards-central-bank-issues-new-regulations-for-foreign-currency-sales","status":"publish","type":"post","link":"https:\/\/sada.ly\/en\/exclusive-including-2000-personal-use-cards-central-bank-issues-new-regulations-for-foreign-currency-sales\/","title":{"rendered":"Exclusive: Including $2,000 Personal Use Cards \u2013 Central Bank Issues New Regulations for Foreign Currency Sales"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Our source has exclusively obtained the new regulations for foreign currency sales issued by the Department of Currency and Banking Supervision at the Central Bank of Libya.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The new rules stipulate the following caps:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Commercial letters of credit<\/strong>: A maximum of <strong>$3 million USD<\/strong> (or equivalent in other currencies).<\/li>\n\n\n\n<li><strong>Service-related transactions<\/strong>: A maximum of <strong>$1 million USD<\/strong>.<\/li>\n\n\n\n<li><strong>Industrial imports<\/strong>: A maximum of <strong>$5 million USD<\/strong>.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">For companies, small traders, and artisans, the maximum prepaid card amount for industrial, service, and commercial purposes is set at $50,000 USD.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Personal use:<br>Banks are authorized to approve foreign currency sales for personal purposes using the national ID number for every Libyan citizen aged 18 years and above, upon completing the required procedures via the foreign currency reservation platform for personal use across all operating banks in Libya. The maximum annual amount is $2,000 USD, or its equivalent in other currencies.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For students studying abroad, banks are allowed to sell foreign currency up to $7,500 USD per student annually.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For medical treatment abroad, the maximum allowed amount is $10,000 USD per person.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Additionally, the maximum amount per single transfer is capped at $1 million USD, or its equivalent in other currencies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Our source has exclusively obtained the new regulations for foreign currency sales issued by the Department of Currency and Banking Supervision at the Central Bank of Libya. The new rules stipulate the following caps: For companies, small traders, and artisans, the maximum prepaid card amount for industrial, service, and commercial purposes is set at $50,000 [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":253495,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"iawp_total_views":3,"_asgm_disable_schema":false,"_asgm_disable_faq":false,"_asgm_disable_howto":false,"_asgm_disable_llms":false,"_asgm_llms_description":"","footnotes":""},"categories":[2],"tags":[628,658,723,613],"class_list":["post-253494","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-central-bank","tag-exchange-rate","tag-foreign-currency","tag-libya"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Exclusive: Including $2,000 Personal Use Cards \u2013 Central Bank Issues New Regulations for Foreign Currency Sales - Sada Newspaper<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sada.ly\/en\/exclusive-including-2000-personal-use-cards-central-bank-issues-new-regulations-for-foreign-currency-sales\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Exclusive: Including $2,000 Personal Use Cards \u2013 Central Bank Issues New Regulations for Foreign Currency Sales - Sada Newspaper\" \/>\n<meta property=\"og:description\" content=\"Our source has exclusively obtained the new regulations for foreign currency sales issued by the Department of Currency and Banking Supervision at the Central Bank of Libya. The new rules stipulate the following caps: For companies, small traders, and artisans, the maximum prepaid card amount for industrial, service, and commercial purposes is set at $50,000 [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/sada.ly\/en\/exclusive-including-2000-personal-use-cards-central-bank-issues-new-regulations-for-foreign-currency-sales\/\" \/>\n<meta property=\"og:site_name\" content=\"Sada Newspaper\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-06T16:47:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/sada.ly\/en\/contents\/uploads\/sites\/2\/2025\/04\/image_2025-04-06_174638792.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"700\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Amira Cherni\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Amira Cherni\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/sada.ly\\\/en\\\/exclusive-including-2000-personal-use-cards-central-bank-issues-new-regulations-for-foreign-currency-sales\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/sada.ly\\\/en\\\/exclusive-including-2000-personal-use-cards-central-bank-issues-new-regulations-for-foreign-currency-sales\\\/\"},\"author\":{\"name\":\"Amira Cherni\",\"@id\":\"https:\\\/\\\/sada.ly\\\/en\\\/#\\\/schema\\\/person\\\/d2e3a4c15ff289afd397860b4d048830\"},\"headline\":\"Exclusive: Including $2,000 Personal Use Cards \u2013 Central Bank Issues New Regulations for Foreign Currency Sales\",\"datePublished\":\"2025-04-06T16:47:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/sada.ly\\\/en\\\/exclusive-including-2000-personal-use-cards-central-bank-issues-new-regulations-for-foreign-currency-sales\\\/\"},\"wordCount\":202,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/sada.ly\\\/en\\\/exclusive-including-2000-personal-use-cards-central-bank-issues-new-regulations-for-foreign-currency-sales\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/sada.ly\\\/en\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2025\\\/04\\\/image_2025-04-06_174638792.png\",\"keywords\":[\"central bank\",\"exchange rate\",\"foreign currency\",\"libya\"],\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/sada.ly\\\/en\\\/exclusive-including-2000-personal-use-cards-central-bank-issues-new-regulations-for-foreign-currency-sales\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/sada.ly\\\/en\\\/exclusive-including-2000-personal-use-cards-central-bank-issues-new-regulations-for-foreign-currency-sales\\\/\",\"url\":\"https:\\\/\\\/sada.ly\\\/en\\\/exclusive-including-2000-personal-use-cards-central-bank-issues-new-regulations-for-foreign-currency-sales\\\/\",\"name\":\"Exclusive: Including $2,000 Personal Use Cards \u2013 Central Bank Issues New Regulations for Foreign Currency Sales - 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