Regulatory Alerts2022-03-28 | 13423Payment of Civil Servants’ Salaries
The Central Bank of Lebanon issued Basic Decision No. 13423 to mandate that all banks ensure sufficient liquidity for civil servants to withdraw their complete monthly salaries, supplements, and mutual fund entitlements without restrictions on cash withdrawal ceilings, installments, or additional fees. The Banking Control Commission is tasked with verifying bank compliance and referring non-compliant institutions to the Higher Banking Authority for appropriate enforcement measures. This decision, effective immediately upon issuance and amended by Interim Decision No. 13764 in October 2025, ensures uninterrupted salary disbursements across official educational and vocational fund accounts.
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