Algiers – The Bank of Algeria has announced new procedures for settling payments in Algerian dinars related to the foreign travel allowance. The announcement was made via two memoranda issued to banks on December 15th and 16th, 2025.
The directives outline updated methods for individuals to access their foreign currency allowance for travel abroad, utilizing the Algerian dinar. These new procedures aim to streamline the process and provide greater clarity for both travelers and financial institutions.
While the specific details of the memoranda remain confidential, sources within the banking sector indicate that the changes focus on simplifying the documentation required and expediting the approval process. DZWatch understands that these measures are intended to address previous concerns regarding bureaucratic delays and inconsistencies in the application of the foreign travel allowance regulations.
The Bank of Algeria’s move comes amidst ongoing efforts to manage the country’s foreign exchange reserves and stabilize the dinar’s value. By refining the procedures for accessing foreign currency for travel, the central bank seeks to ensure that the allowance is utilized efficiently and effectively.
Further details regarding the implementation of these new procedures are expected to be released in the coming days. DZWatch will continue to monitor the situation and provide updates as they become available. Travelers are advised to consult with their banks to understand the specific requirements and ensure compliance with the updated regulations before planning their trips.
The long-term impact of these changes on the tourism sector and the overall economy remains to be seen. However, the Bank of Algeria’s proactive approach suggests a commitment to addressing the challenges associated with foreign currency management and facilitating legitimate travel abroad.
