Free Checking Plus Online Bill Pay, Security Protection, ATMs & More.
www.BankofAmerica.com
Earn 3.50%APY* available through 9/15/08. And the strength of HSBC
HSBCdirect.com
Earn 3.50% APY on $10,000 balances. No fees. FDIC Insured.
www.CapitalOne.com/DirectBanking
We sue the Arab Bank on behalf of the victims of terrorism in Israel
www.terror-lawsuit.com
Search By Distance, Rate, Bank & More. All High Yield. Search Now!
www.CheckingFinder.com
Search CD Rates in Your State. Compare Banks Upfront and Free.
Deposits.Interest.com
Get online banks to compete for your business. Compare services.
www.matchpoint.com/online_banking
Provider of retail and commercial banking services.
www.bbac.com.lb
Full-service financial provider, including corporate, private and investment banking activities.
www.blom.com.lb
Free Checking Plus Online Bill Pay, Security Protection, ATMs & More.
www.BankofAmerica.com
Earn 3.50%APY* available through 9/15/08. And the strength of HSBC
HSBCdirect.com
Earn 3.50% APY on $10,000 balances. No fees. FDIC Insured.
www.CapitalOne.com/DirectBanking
Guide to Banks in Lebanon
All you need to know to navigate the banks of LebanonTake the time to research Lebanese banks carefully. Volatility in the financial sector of all countries is not uncommon these days. Here are a few things to keep in mind:
1. Collect all of the information you can on commercial banks in Lebanon before you move or conduct any business in the country.
2. Seek help with finding the right bank in Lebanon from people who have already gone through the process. Ask friends, family, expatriates or anyone who has banked in the nation for information regarding the steps you need to take to get things done.
3. Use the largest commercial bank in Lebanon for personal use since they will have the most branches throughout the country as well as provide more services.
Action Steps
The best contacts and resources to help you get it done
Assemble general information on banks in Lebanon
It is important to know all you can about business banking in Lebanon before you begin the process of conducting business in the country. You want to know about the banks policies, foreign investment, the exchange rate and any other information you can think of to make your business transactions easier.
I recommend:
The Association of Banks in Lebanon has a list of the major banks throughout the country and is a great resource to learn about the banking industry in Lebanon. LebWeb.com has a list of the biggest banks in Lebanon along with links to their websites.
Contact expatriates for advice on Lebanon banking institutions
If you don't know where to begin when banking in Lebanon, seek out expatriates for advice. They have already made the transition from the US to Lebanon, so they can give you the information you need to begin that process.
I recommend:
The Lebanese Inner Circle is a blog where you can find and connect with Lebanese expatriates. Allo Expat has forums where you can communicate with expats and tourists regarding all aspects of life and business in Lebanon.
Use the largest of the Lebanon commercial banks for everyday business
Just as there are benefits to using the big banks here in the US, there are advantages to using the biggest of the Lebanese commercial banks for your everyday banking. Using the largest of the Lebanon banks will give you more access to branches throughout the nation, more access to ATM's as well as just making your transition to Lebanon much easier.
I recommend:
Bank Audi in Lebanon and Fransabank are two of the biggest banks in the country and offer the many branches throughout the country.
Tips & Tactics
Helpful advice for making the most of this Guide- Pay attention to the actions of the Central Bank of Lebanon. The decisions they make will affect monetary policy, other banks in Lebanon, and the economy as a whole.
