Regulatory Alerts2021-09-29 | 13369Exceptional Measures for the Gradual Withdrawal of Foreign Currency Deposits
The Central Bank of Lebanon issued Intermediary Decision No. 13,369 to amend Foundational Decision No. 13,335 and clarify eligibility criteria for the gradual withdrawal of foreign currency deposits. The decision defines qualifying account holders, retroactively extends benefits to accounts opened between July 1 and October 31, 2021, and preserves the rights of joint account partners and USD salary recipients to utilize existing withdrawal frameworks. It mandates banks to implement these clarified provisions immediately upon publication in the Official Gazette.
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