Restrictions On Remittances Lifted: Central Bank
Investors said the restrictions on money transfers were the main obstacle for international transactions and their partners abroad.
The country's Central Bank on Tuesday announced that money transfers overseas are now possible as it has lifted all restrictions on Afghan banks, a move that was appreciated by the business community, but they said they hope the promise will be fulfilled.
A Central Bank spokesman, Sabir Mohammad, said all banks have been instructed to facilitate currency transfers for businessmen and investors “without any delay.”
The move comes after a long pause in money transfers and withdrawals from the country’s banks following the fall of the previous government in last year’s August.
Investors said the restrictions on money transfers were the main obstacle for international transactions and their partners abroad.
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