Pursuant to the provisions of Intermediate Circular No. 769 issued by Banque du Liban on June 4th, 2026, amending Basic Decision No. 13611 enclosed to the Basic Circular No. 166 concerning the “Exceptional Measures for the Repayment of Foreign Currency Deposits” constituted before June 30, 2023, Bank of Beirut S.A.L. began implementing these amendments as of July 1st, 2026.
Eligibility Criteria
- Banks shall identify all foreign currency deposits constituted before June 30, 2023, excluding “cash funds” cash money accounts, and held by any Natural person whether resident or non-resident, adult or minor in accordance with specific eligibility conditions, in addition to licensed Associations and Individual Institutions.
- Eligible amounts are calculated based on the Accounts’ balances as closed on June 30, 2023.
Eligible Types of Accounts
Individual accounts: (Single, Joint, Co-Joint, Minor, Legal heirs, and Legatees) and Licensed Associations and Individual Institutions.
Exclusion Criteria
Identifying non eligible account holders based on the below exclusion criteria:
- Persons listed under Article (2) in BDL Basic Circular No. 154 who have not returned the required proportion.
- Persons whose accounts reflect suspicious check activity indicative of check trading after October 31, 2019.
- Persons who settled loans in LBP equivalent to or exceeding USD300,000 after 31/10/2019.
- Individuals who converted loan balances equivalent to or exceeding USD300,000 from foreign currencies into LBP after 31/10/2019.
- Persons who benefited and bought amounts equivalent to or above USD100,000 at “Sayrafa” Platform and have neither settled the additional exceptional tax imposed on generated profits in accordance with article 93 of the Law No. 324 / 2024 and its amendments, and nor provided supporting evidence of such settlement.
Account Holder Obligations
Client should visit the branch to check eligibility and sign on:
- “Bank Secrecy Revelation Proxy Form” waiving the banking secrecy exclusively on the “Special Deposit Sub-Account” in favor of Banque du Liban and the Banking Control Commission.
- Declaration confirming that he did not execute any transaction listed in the Exclusion criteria.
Withdrawal Procedures from the “Special Sub-Account”
- A monthly withdrawal limit of USD500 disbursed as below without calculating any direct or indirect commissions or fees of any kind:
- USD400 paid in cash to the Account Holder, and/or by way of an outgoing international transfer and/or bank cards to be used in Lebanon and abroad and/or a deposit in a Fresh Account.
- USD100 paid by bank cards to be used exclusively on Points of Sale (POS).
- The total eligible withdrawal amount has been revised from USD 9,200 to USD 15,200.
Terms and conditions apply.
For further information, our Customer Service Team remains available 24/7 to assist you with any inquiries related to this circular via:
- Hotline: 1262 (within Lebanon)
- International Number: +961 1 886656
You may also contact us through our official social media platforms.