Lebanese Pound (LBP; symbol L£) = 100 piastres. Notes are in denominations of L£100,000, 50,000, 20,000, 10,000, 5000, 1000,
500, 250 and 100. Coins are in denominations of L£500, 250, 100 and 50.
Currency exchange
There are a large number of banks in Beirut where international currencies can be exchanged. Numerous licensed exchange shops
also operate and some hotels offer exchange services. US Dollars are best and do not need to be exchanged as they are accepted
even in small shops.
Credit & debit cards
All major credit cards are widely accepted. ATMs are widely available in Beirut and larger cities.
Traveller's cheques
Limited acceptance, as major banks only accept certain types of travellers cheques. Traveller's cheques also require up to
two weeks to clear and are therefore generally not recommended.
Currency restrictions
There are no restrictions on the import or export of local or foreign currency.
Exchange rate indicators
Date
Jul 06
£1.00=
L£2,745.45
$1.00=
L£1,507.80
Banking hours
Mon-Fri 0800-1230, Sat 0800-1200. Some banks stay open until 1700.
uty Free
The following goods may be imported into Lebanon by residents and non-residents over 18 years of age without incurring customs
duty: 800 cigarettes or 50 cigars or 100 cigarillos or 1000g of tobacco; 2l of champagne, whisky or cognac or a maximum of 4l of other alcoholic beverages; 1l of eau de cologne and 100g of perfume; personal belongings not exceeding L£2,000,000; prescribed dosages for medicine.
Note
Those aged under 18 years are permitted half the specified quantities for duty free except tobacco and alcoholic beverages,
which are forbidden.
Restricted items
Arms, ammunition, narcotics, immoral publications and recordings.