Prohibition of dealing with remittances
July 11, 2023
Based on what was stipulated in Article (14- Paragraph 8) of the regulations regulating the work of exchange and mediation companies in the sale and purchase of foreign currencies No. (1) for the year 2022, we confirm that all licensed (A,B) exchange companies and mediation companies do not deal in the sale and purchase of foreign currencies that are approved for internal money transfers with companies that are not licensed by the bank.
