{"id":254120,"date":"2025-06-29T11:06:00","date_gmt":"2025-06-29T09:06:00","guid":{"rendered":"https:\/\/sada.ly\/en\/?p=254120"},"modified":"2025-07-01T13:10:42","modified_gmt":"2025-07-01T11:10:42","slug":"exclusive-commercial-banks-begin-rapid-approval-of-letters-of-credit-for-small-traders","status":"publish","type":"post","link":"https:\/\/sada.ly\/en\/exclusive-commercial-banks-begin-rapid-approval-of-letters-of-credit-for-small-traders\/","title":{"rendered":"Exclusive: Commercial Banks Begin Rapid Approval of Letters of Credit for Small Traders"},"content":{"rendered":"\n<p>Our source that commercial banks have started swiftly approving letters of credit for small traders, following the Central Bank of Libya\u2019s decision to set a credit ceiling of $300,000.<\/p>\n\n\n\n<p>The sources confirmed that any citizen applying for a letter of credit within this set limit now receives approval within just two days\u2014an indication of the Central Bank\u2019s serious efforts to streamline procedures and encourage small traders to enter the official foreign exchange market instead of turning to the parallel, unofficial market.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Our source that commercial banks have started swiftly approving letters of credit for small traders, following the Central Bank of Libya\u2019s decision to set a credit ceiling of $300,000. The sources confirmed that any citizen applying for a letter of credit within this set limit now receives approval within just two days\u2014an indication of the [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":254121,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2],"tags":[685,613,958],"class_list":["post-254120","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-commercial-banks","tag-libya","tag-traders"],"acf":[],"_links":{"self":[{"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/posts\/254120","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/comments?post=254120"}],"version-history":[{"count":1,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/posts\/254120\/revisions"}],"predecessor-version":[{"id":254122,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/posts\/254120\/revisions\/254122"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/media\/254121"}],"wp:attachment":[{"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/media?parent=254120"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/categories?post=254120"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sada.ly\/en\/wp-json\/wp\/v2\/tags?post=254120"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}