A responsible banking source revealed that the Central Bank issued instructions to banks that include excluding categories from the recent decisions related to providing foreign currency to customers outside the country.
The source revealed – in statements to the Middle East News Agency – that the central bank directed banks to procure foreign exchange and open the limits of credit cards and direct debit cards for needs in foreign currency for the purposes of education and treatment without maximum limits, upon request by the customer for those uses, and submit supporting documents for that.
He explained that the Central Bank notified banks to open the limits of credit cards and direct debit cards for customers who traveled before the date of the decision, December 22, 2022, so that the customer can obtain his necessary needs of foreign currency, upon the customer’s request.
He pointed out that the Central Bank confirmed that there are no usage limits for customers who have accounts in foreign currency or credit cards whose uses are paid from their accounts in foreign currency.