Approval of Foreign Contracts

Service Description:

Approving contracts between operating banks in Syria and Arab and foreign companies that own global transfer networks or with their agents, in accordance with the provisions of Decision No. (48/ MC) dated 1/6/2010 and its amendments, and Decision No. (1739/ MC) dated 11/2011. /28

Service Documents:

- A commercial register for the foreign or Arab company, duly certified and translated into Arabic by a sworn translator in Syria, accompanied by the locations of the company’s branches worldwide.

- Agency Contract: Proof of the agency of the foreign or Arab company if the contract is through an agent of the company that owns the transfer network.

- The draft contract before it is signed.

Requirements:

Issuance of a decision by the Management Committee of the CBS approving the contract.

Service Classification:

Citizens