The Central Bank of Libya authorized official foreign residents to use e-wallets, setting daily transfer limits to regulate electronic payments. Foreigners can transfer up to LD 50,000 between individuals and LD 100,000 from individuals to companies. For Libyan citizens, limits are higher. The move aims to enhance financial inclusion, integrate more residents into the formal economy and expand the use of electronic payment systems across the country.
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18 - 24 May 2026
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Libya Opens E-Wallets to Foreigners
Business
16/03/2026
The Central Bank of Libya authorized official foreign residents to use e-wallets, setting daily transfer limits to regulate electronic payments. Foreigners can transfer up to LD 50,000 between individuals and LD 100,000 from individuals to companies. For Libyan citizens, limits are higher. The move aims to enhance financial inclusion, integrate more residents into the formal economy and expand the use of electronic payment systems across the country.
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