Bank Customers to Be Able to Withdraw Up to $800 a Month

  • Economics
Bank Customers to Be Able to Withdraw Up to $800 a Month

The Central Bank Friday instructed the Lebanese commercial bank to allow customers with foreign currency accounts before Oct. 2019 to withdraw $400 a month and its equivalent in Lebanese pounds based on the official rate of Sayrafa platform.

The details regulating the decision, which will take effect from July 1, will be issued later, the bank said in a statement.

Source: The Daily Star