Receiving payments from Libya

Question

I have a legitimate contract with the Government of Libya to my long-established Mauritius GBC2 Company. I am due to receive a large payment as the second stage of the contract, but my bank refuses to accept inward payments now, and I am finding it difficult to find any bank to accept inward payments from Libya. Any advice please ?

Answer

Hi there,

Have a look at our methods of payment article and webinar in the first instance.

I recommend also looking at the Institute of Export and International Trade’s helpdesk for more specific advice:

http://www.export.org.uk/page/Export_Helpline

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