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Central Bank Starts Digital Withdrawal of Old Syrian Currency

Central Bank Starts Digital Withdrawal of Old Syrian Currency

The Central Bank of Syria has announced the start of accepting electronic requests for withdrawal of the old Syrian currency, in parallel with the ongoing process of direct cash withdrawals across all governorates through the Syrian Postal Service offices. Citizens can submit requests via the electronic platform to reserve an appointment, where a date is scheduled and details are sent via SMS. They then complete the procedures at the authorized branch and hand over the old currency, with the value being transferred to their accounts in the new currency without any fees or taxes. The application process is limited to individuals and their immediate relatives, allowing for unlimited amounts of the old currency to be withdrawn. The bank also urges citizens not to deal with intermediaries and to maintain the confidentiality of their data.

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