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National Commercial Bank announces that it has begun receiving applications to issue a $100,000 card and sets several conditions

National Commercial Bank
National Commercial Bank

The National Commercial Bank announced today, Wednesday, that it has begun receiving applications for issuing and shipping “$100,000” MasterCard World Elite business cards, starting next Sunday.

The bank stated that the company’s account must be with the National Commercial Bank and that it must have a CBL code activated by the Central Bank of Libya, and that the company’s activity must not be subject to the approval of the Food and Drug Control Department, and that the applicant for issuing the card must submit an acknowledgment of his approval for the regulatory authorities to examine the movement of the card and purchases from During which, the supplier must undertake to submit customs declarations to the bank within a period not exceeding two months from the date of deducting the amount from the card balance.

National Commercial noted that the documents required to obtain the CBL commercial license, the commercial register, the statistical code, the chamber of commerce, the tax payment certificate, security contributions, the company’s articles of incorporation, copies of the national number and passports of the legal representative and members of the board of directors. If the company has a CBL code in other banks, a letter from the bank is required.

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