Banks participating in the Syrian Gross Settlements

1-     Banque Bemo Saudi Fransi – Syria

2-     Bank of Jordan Syria

3-     Syria Gulf Bank

4-     Byblos Bank – Syria

5-     Arab Bank – Syria

6-     Bank of Syria and Overseas

7-     AL Baraka Bank – Syria

8-     Ahli Trust Bank – Syria

9-     Qatar National Bank – Syria

10- Syria International Islamic Bank

11- Cham Bank – Syria

12- Bank Al-Sharq – Syria

13- Fransabank – Syria

14- Commercial Bank of Syria

15- International Bank for Trade and Finance – Syria

16- Syrian Real Estate Bank

17- Popular Credit Bank

18- Saving Bank

19- Industrial Bank

20- Agricultural Cooperative Bank

In addition to the Ministry of Finance’s participation in the Syrian Gross Settlements system as direct participants, pursuant to the Central Bank of Syria’s Management Committee Decision No. (1142/M.C), dated 14 September 2021.

The Central Bank of Syria continues not to charge any commissions or expenses on the Syrian gross settlement system.

Monetary and Credit Council Decision No. (92/M.C.C), dated 9 July 2018, states that the Central Bank of Syria will continue not to charge any commissions or expenses on the Syrian Gross Settlements System (SYGS).

Modifying the upper limit for remittances in the Syrian Gross Settlements System (SYGS).

The maximum limit for individual remittance has been adjusted to 20 million Syrian pounds. Concurrently, the quota for daily transactions remains restricted to 30 transactions per day. These modifications adhere to the directives outlined in Monetary and Credit Council Decision No. 174/2, issued on 8 February 2018.