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An automatic teller machine in the Beirut area on Oct. 7, 2006. (Credit: Philippe Hage Boutros/L'Orient-Le Jour)
Add as preferred on Google Banque du Liban (BDL) has once again raised the withdrawal limits under basic circulars No. 158 and No. 166, which allow depositors to gradually recover some of their dollar deposits frozen by banking restrictions in place since 2019. The limits were last changed a year ago.The amendments, introduced through two new texts — intermediate circulars No. 780 and No. 781, dated Monday, Nov. 2 — will take effect Dec. 1. The mechanisms have also been extended through the end of June 2027.The first raises the monthly limit under Circular No. 158 from $1,000 to $1,200. The second increases the monthly limit under Circular No. 166 from $500 to $600. Read more Sayrafa tax: Banks block Lebanon’s tax authorities As was the case a year ago, beneficiaries cannot immediately withdraw the additional amounts in cash but may use them for bank... You have reached your article limit.Stay informed as events unfold across a region in flux.Subscribe for $0.5/month for the first 3 months. Subscribe now Log in This article is only available to L’Orient Today subscribers. Subscribe now Log in Create a free account to continue reading this article. You’ll also receive The Morning Brief, our must-read daily digest of Middle East news. Opt out anytime Email Address Password Email Address Password I would like to receive special offers from L'Orient Today as well as selections of the best articles. Register By creating an account, you agree to the terms and conditions of use and our privacy policy. Register Or register with: Facebook
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