The travel card is an international card that is topped up in foreign currency, and it’s used outside of Libya.
The holder is able to carry-out direct withdrawals from ATM machines abroad 24/7. It also allows him to pay for the purchases through POS machines accepted by mastercard at shops and merchants.
In addition to withdrawals and payments, the card enables the holder to pay hotel reservations abroad directly from their websites.
All these transactions does not exceed the limit of the amount topped-up in the card and it’s secured by entering the PIN (consisting of four numbers).
The amount of top up with LYD during the year shall not exceed the legal limit of the foreign currency allocations issued by the Central Bank of Libya, or topped up from the foreign currency account.