Need to wire money to Lebanon? Considering a bank wire to transfer money to Lebanon? Before you walk into your financial institution to organise it, be sure to check out the wire transfer fees. You might get a shock how much the fees will be and depending on the dollar amount, it might not be worth sending the money by bank wire transfer to send the money another way.
What makes it worse is in addition to your bank charging a fee for sending the funds to a bank in Lebanon, the person receiving the funds will probably also incur a fee from the bank at their end. One way to minimise the possibility of this charge is to send the international wire transfer in the currency of their account.
To initiate a wire transfer to Lebanon, you might require a SWIFT code. These are unique codes for each financial institution and are based on a number of things including the bank and country.
Bank wire details for Lebanon
- Country – Lebanon
- SWIFT Country Code – LB
- Central Bank Name – Banque du Liban
- Currency – Lebanese Pound
- Currency Code – LBP