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Dam Press:
The Central Bank of Syria announced that banks operating in the Syrian Arab Republic would be allowed to enter into contracts with creditors (natural or legal persons) with a commercial record to process withdrawals and deposits for customers with bank accounts through persons accredited through electronic channels duly approved by the bank.
Customers with bank accounts can now carry out withdrawal and deposit processes from their accounts through authorized persons contracted by the bank, with specific limits of SYP 750,000 for deposit processes and SYP 500,000 for withdrawal processes.
This decision is taken to meet the basic needs of customers as additional branches to the existing bank branches and facilitate the procedures for customers to use bank accounts especially those living far away from banks.
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