Banks in Lebanon Will Now Ease Money Transfers to Lebanese Abroad


The Association of Banks in Lebanon (ABL) announced that banks in Lebanon will help families send money to Lebanese abroad.

If the students or their families have Lebanese bank accounts, they will be able to finally receive funds to sustain themselves and pay school fees.

In addition, the banks will cover the return flight tickets cost of students who have registered to fly back with Lebanon’s national carrier Middle East Airlines.

“Of course the depositors must show evidence that the money they want to send to their families is intended to buy plane tickets or to finance the education of students abroad,” a source at ABL told The Daily Star.

Students residing abroad have been facing financial difficulties since the lockdown. Lebanese students in Italy have expressed the difficulties they are facing due to the pandemic. They are struggling under quarantine and capital controls.

The961 got in touch with some students living in France and Italy to ask what it was like during the coronavirus outbreak. You can read what the students in France had to say here and in Italy here.

Get the latest news and updates about the coronavirus outbreak in Lebanon along with a live monitor of cases in Lebanon as well as resources and information to help you guide the outbreak on our dedicated coronavirus page.

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Banks in Lebanon Will Now Ease Money Transfers to Lebanese Abroad

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