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If I have an eligible account in another bank, will I be able to benefit from BDL Basic Circular to withdraw money from my account s from more than one bank? Can I withdraw money directly from my account or is the eligible amount going to be transferred to another account?

When you decide to benefit from BDL Basic Circular , your branch will open 4 sub-accounts to perform the transactions, as follows:. A Special Sub-Account to which the full eligible amount will be transferred after deducting all loans and banking commitments, if any with a maximum eligible amount of USD 50, ;.

However, you can still benefit from BDL Circular at other banks if you have accounts there. You have till 31 October to decide whether or not you want to benefit from BDL circular In the meantime, you can withdraw from your foreign currency accounts as per BDL circular After that date no retroactive is allowed.

If you benefit from Circular for a month, will be allowed the next month. I have a salary domiciliation account and I am eligible for BDL circular Can I still withdraw as per Circular ? The amount disbursed for eligible joint accounts is based on a prorated basis for each private CIF; for example:. You are being redirected to. Continue Stay on the current website. Required Minimum 3 characters required. Byblos Bank. Deposit Account. Retail Payment. Compare Cards.

Akram Loyalty Program. Housing Beyti Housing Land. New Car Pre-Owned Car. Compare Loans. Kafalat Basic. Business Solutions. Banque du Liban Basic Circular The client will press the link then: 1. Fill in their Mobile Banking credentials or his debit card number related to his individual CIF and its related pin code; 2. He should then enter the OTP received; 3. Be notified of the total eligible amount; i.

Will I need to sign any documents? How will the Bank calculate the eligible amount? To calculate the eligible amount on your account s , the Bank will: 1. Take the foreign currency account balance as at 31 October net of collateral , from which the Bank will deduct cash withdrawals, international transfers and card international payments from 1 November till 30 June ; 2. Take the foreign currency account balance as at 30 June net of collateral , from which the Bank will deduct the FX transactions from 1 November till 30 June ; 3.

If you have any questions, please contact:. Jennah Huxley, Assistant, jennah. Andrea Grifoni, Policy Analyst, Andrea.

Grifoni oecd. Pascale Ojeil, Corporate Governance Unit, pojeil bdl. Discussions focused on: Financial access Consumer protection and financial educationn National strategies on for financial education the role of governments and central banks in the financial education process Financial literacy - a life skill to be integrated in schools Financial education and awareness - a social responsibility of the financial sector and its institutions Attitude and behaviour relative to long-term saving and protection Conference documentation Summary Record Draft Agenda.

Opening speech by H. Opening speech by Mr. Opening speech by Dr.



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