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BDL: Circular 682 to Allow Account Holders to Benefit from the 158

This Is Beirut

17 Nov 2023 at 16:57

Central Bank First Vice-Governor Wassim Mansouri issued on Friday Circular No. 682 after reaching an agreement with the banks. This will enable holders of accounts that were closed or transferred from one bank to another after October 31, 2019 to benefit from the provisions of Circular No. 158 dated June 8, 2021, namely a cash withdrawal of $400 per month.

Circular 158 previously applied to dollar bank accounts closed on October 19, 2019. New subscribers eligible for Circular 158 were entitled to a monthly cash withdrawal of $300.