Regulatory Alerts2024-06-27 | 13646Central Bank of Lebanon Circular No. 699 – Statistical Data on Foreign Electronic Cash Transfers
Bank Al-Mahroussin (Central Bank of Lebanon) issued Circular Decision No. 13646 to amend Basic Decision No. 7858 regarding statistical data reporting for foreign electronic cash transfers. The decision mandates that all banks, financial institutions, and non-bank institutions submit semi-annual FXM statements to the Statistics and Economic Research Department via the SEBIL eSTR system within 25 days of each reporting period (June 30 and December 1). It also establishes specific submission deadlines for retrospective data from 2018 to 2024 and clarifies the numbering of existing articles and items.
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