Remittances Notifications
November 20, 2022
To ensure that the exchange companies under category (A, B) and the mediate companies that deal with selling and buying of foreign currencies are complying to due diligence procedures towards customers notices, and to ensure that they do not deal with persons included in the local and international deprivation lists, it was decided not to allow companies contracting with each other in internal remittances field to receive notifications of remittances received by them for the customers benefit via mobile phone, but rather through the company's electronic system. In case that this is not possible, it is done by correspondence via the official e-mail of the company and through its computers.
