T O P
echo1956

$8 to withdraw money from your own branch? If you withdraw $1, is it still an $8 fee? So fucking Lebanese 🤣


jokersmurk

Yes


Individual_Leg_522

Holy shit what a bunch of thieves


Methodical172

BLOM Bank 0 commission fee up to 1,000 USD daily ATM withdrawals. 6/1,000 for any amount above that.


Starlacloud

Bank Audi $15/transaction and max $300/per withdrawal 🙄


Nabz1996

how is that? Audi is taking 6$ per month as fees and free withdrawal per day up to 1000$.


CapeReddit

That's 15USD per incoming wire transfer above 3000USD. There are no withdrawal fees. https://www.bankaudi.com.lb/externalaccount


omaryamout

Arab Bank - 1.25% of withdrawal amount


emak123455

7$ per 1000$


jokersmurk

What bank?


emak123455

byblos


jpch12

How much can you withdraw per day from byblos?


emak123455

there is not limit as much as the ATM has it


MauBicara

1.25% at Arab Bank :(


Key_Mango8016

Bank Med, $1000 per day for free from the ATM $2000 per day for free if you have $50,000 in Lollars Over the counter, you can withdraw any amount, but they take 0.5% up to $25,000, and 0.1% on every dollar above $25,000. There is also a fixed fee for small OTC withdrawals, but I am not sure what it is.


CapeReddit

Audi has a monthly fee of 4USD and no fees on withdrawal at ATMs (granted not free at counter or ITM) and we have a daily ATM limit of 1000USD. https://www.bankaudi.com.lb/externalaccount


wallahbushdid911

Off topic. Why do people say “fresh money” or “fresh dollars” i don’t get it. It just money right? am i missing something?


International-Hat529

Fresh money is the real money (real US $ that can be withdrawn in green paper bills) which is each worth around 30000LL at the current market rate. Then you have lollar, which was previously real money but got caught up in the ponzi scheme and is now locked in banks and worth 8000LL. You also have the official market rate (monopoly money that doesn’t exist) worth 1500LL, the sayrafa rate (the rate at which the government prices real US $ for imports like Gas for example) which is currently valued at around 24000LL. There’s also a couple other valuations and fake currencies like bira (bank-liras) which are worth less than paper lira because you’re limited as to how much you can withdraw, there’s the 3900LL rate used for a couple specific purposes by banks, the 50000LL valuation used by supermarkets, and a couple of other ones used by specific shops at their own discretion (like bridal dresses renting at 15000LL and buying at 25000LL for example)


LbGuns

What a complete and utter shit show


amard7

Why do you guys still have money in the banks?


CapeReddit

Its the only way to do business with international companies, the cheapest way to move large USD amounts and most worthwhile companies and organisations only pay salaries in to bank accounts. Also for online shopping. (The OMT card costs you a lot more than using a bank.)


jokersmurk

> (The OMT card costs you a lot more than using a bank.) How so? I'm considering opening one.


CapeReddit

There is a premium on each dollar you add to the card. Over time it adds up, especially if you regularly need to deposit USD.


cottoncandee7

Arab Bank, I only use the ATM and it’s 0.75% for withdrawal.


ralphmel

Switch to crypto !!