Tag Archives: Cash Withdrawal

Bank of Eritrea Issues Legal Notice

Re: Nakfa holding limits for travelers exiting Eritrea

To proper regulate circulation of the National currency within the country. Travelers exiting Eritrea are now allowed to hold 1,000 Nakfa max.

BY SHABAIT

Bank of Eritrea has issued Legal Notice No. 129/2017 to limit the amount of Nakfa holdings for travelers exiting Eritrea.

The Legal Notice that was issued at the Gazette of Eritrean Laws on 25 October, indicated that the maximum amount, conditions and purpose for which travelers exiting Eritrea may be allowed to hold has not so far been legally fixed and that has become necessary to set the maximum amount in order to ensure the proper use of the National Currency within the country. Continue reading Bank of Eritrea Issues Legal Notice