The Central Bank of Libya has instructed commercial banks and electronic payment providers to allow officially registered foreign residents to use e-wallets as part of efforts to expand digital payments and promote financial inclusion.
According to a letter dated March 11, 2026 and referenced 9/2026, which was leaked to Libyan media, the directive is intended to increase the volume of electronic transactions and integrate more segments of society into the country’s banking and payment systems.
Under the new guidelines, daily transfer limits for Libyan citizens using e-wallets have been set as follows:
100,000 Libyan dinars for individual-to-individual transfers. 500,000 Libyan dinars for transfers from an individual to a company. 2 million Libyan dinars for company-to-company transfers.
For foreign residents in Libya, the central bank set lower limits: 50,000 Libyan dinars for individual-to-individual transfers. 100,000 Libyan dinars for transfers from an individual to a company.
The directive follows a meeting held Tuesday at the bank’s headquarters in Tripoli, where the Central bank engaged Libya’s Post, Telecommunications and Information Technology Company and electronic payment firms to discuss expanding digital transactions.
Participants agreed to raise electronic wallet transaction limits and explored mechanisms to integrate migrant workers into the formal economy through the e-payment system.
