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  • Lebanon Opportunities

    FINANCE

    Feb 11, 2020 3 minutes

    Electronic transfers between banks allowed

    he Central Bank (BDL) has issued a circular that allows real-time online transfers between customers in two different banks. The banks’ customers can use their payment cards or bank accounts to perform the transfer operations. Each customer can send up to LL500,000 ($330 according to the official exchange rate) per day in lira transfers and LL5 million ($3,300) per month. Transfers in foreign currencies sent by each customer are not allowed to

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