🇱🇾LibyaNorth Africa
Central Bank of Libya raises foreign currency cash limit for entry to $30,000
via Libya Herald1 min read
The Central Bank of Libya CBL, through its Governor and Chairman of the Anti-Money Laundering and Counter-Terrorism Financing Committee, has increased the cash currency limit that passengers must declare upon entering or leaving Libya. The new ceiling for authorized cash amounts has been raised from $10,000 to $30,000. This decision aims to encourage the inflow of currency into Libya and enhance transparency. The CBL also issued instructions for all ports of entry to display signboards and provide designated areas for completing declaration forms, as part of broader efforts to regulate the movement of funds.
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This summary was AI-generated from a story originally published by Libya Herald.
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