Central Syria now accepts remittances in Lebanese pounds and foreign currencies
The Central Bank of Syria issued a decision allowing beneficiaries of foreign remittances to receive their funds either in Syrian pounds or foreign currencies, according to their preference and available options. The aim is to enhance remittance services and provide more choices for customers. The decision covers incoming remittances through international transfer companies such as "Money Gram" and "Western Union," and has established a flexible mechanism for their delivery based on the capabilities of banks and exchange offices. This update is part of the bank’s efforts to develop financial services and better meet the needs of citizens with greater flexibility.
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