Purchase of foreign currencies in cash by BDL

Circular No. 550

For Banks

We enclose a copy of Decision No. 13219 dated 15/4/2020 amending Decision No. 13216 dated 3/4/2020 (Purchase of foreign cash currencies by Bank of Lebanon), attached to Circular No. 149.

Beirut, April 15, 2020

Governor of the Central Bank of Lebanon

Riad T. Safre

Decision No. 13219

Amending Decision No. 13216 dated 3/4/2020

The Governor of the Central Bank of Lebanon,

Pursuant to the Monetary and Banking Law, particularly Articles 146 and 70 thereof,

And pursuant to Decision No. 13216 dated 3/4/2020 regarding the purchase of foreign cash currencies by Bank of Lebanon,

And based on the powers vested in the Governor to ensure the operation of Bank of Lebanon based on the principle of continuity of public service,

Decides as follows:

Article One: The following text is added to Decision No. 13216 dated 3/4/2020 as "Article One bis":

"Article One bis: All banks operating in Lebanon are requested to provide the Cash Operations Department at the Central Bank of Lebanon with the attached schedule containing:

• Cash balances in Lebanese Lira and foreign currencies.
• Total payment operations performed on ATMs.

The aforementioned schedule shall be sent daily via email to: 'mhamdan@bdl.gov.lb'.

Article Two: This Decision shall be enforced upon its issuance.

Article Three: This Decision shall be published in the Official Gazette.

Beirut, April 15, 2020

Governor of the Central Bank of Lebanon

Riad T. Safre

Daily Cash Report

Bank ----------------------------------
Date --------------------------------------

Currency Balance Previous
Cash Deposits Withdrawals from ATMs
Cash Withdrawals from Teller Windows
Balance

Lebanese Lira
US Dollar
Euro
British Pound