The Banque du Liban (BDL) is Lebanon’s central bank and primary financial regulator responsible for implementing monetary policy, issuing currency, and supervising foreign exchange operations. In a highly dollarized and crisis-affected economy, BDL plays a central role in regulating forex transfers, setting exchange rate policies, and monitoring the activities of banks and licensed money dealers.
The Banque du Liban (BDL) plays a pivotal role in Lebanon’s constrained forex landscape, overseeing exchange rate policy, FX licensing, and money transfer operations. Lebanese residents should use BDL-authorized channels for any currency conversion and avoid unlicensed forex brokers due to legal and financial risks.
- Sets official exchange rates and intermediary FX pricing
- Regulates commercial banks, money changers, and exchange offices
- Issues FX transfer and conversion directives
- Coordinates with Special Investigation Commission (SIC) for AML compliance
- Visit the Banque du Liban Website
- Review lists of licensed banks and money dealers
- Confirm registration and authorization status
- Retail forex trading platforms are not explicitly licensed by BDL
- Currency volatility and lack of FX convertibility are key risks
- Capital controls have been in effect since 2019, restricting outbound transfers
- Use of unlicensed brokers may violate local circulars and face regulatory risk
Country
Lebanon
Established
1963
Contact
+961 1 750 000
Complaint bodies
Banque du Liban (BDL), Special Investigation Commission (SIC) for AML violations
Hotline
+961 1 750 000
Complaint email
Last updated on: March 28, 2025
High Risk Warning : Please note that foreign exchange and other leveraged trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.