Regulatory Alerts2025-11-28 | 13771Exceptional Measures for the Repayment of Foreign Currency Deposits Constituted before the 30th of June 2023
The Governor of the Central Bank of Lebanon issued Circular No. 13771 to amend Circular No. 13611, granting individual institutions and licensed associations access to exceptional foreign currency deposit repayment measures. The amendment establishes a 9,200 USD annual cap for transfers to Special Sub-Accounts, with monthly withdrawals of 500 USD allocated as 400 USD in cash or transfers and 100 USD via POS cards, while mandating the lifting of bank secrecy for regulatory purposes. These measures take effect on December 1, 2025, and remain valid until June 30, 2026, to address the urgent liquidity needs of hundreds of thousands of depositors whose foreign currency funds have been frozen.
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