النهار أونلاين
النهار أونلاين
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The Bank of Algeria has issued a new regulation outlining the conditions and procedures for granting foreign exchange rights for travel abroad using an international payment card. The grant is limited to residents over the age of 12, with a maximum annual amount of 750 euros for those over 19 years old, and 300 euros for children between 12 and 19 years old. Cases of performing the pilgrimage (Hajj) are not exempted from these limits. Beneficiaries must submit their requests before traveling and deposit the amounts in Algerian dinars within 7 working days, ensuring that the card is used solely by the beneficiary, with no transfer or sharing allowed. The card's validity period must be at least 3 years, and its issuance is conditional upon providing documents such as a travel document, passport, and visa if necessary.
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