Regulating Banks' Relations with Their Clients Until 24-6-1967
Type
Decree-Law
Number
5
Date of the text
19/06/1967
Official Gazette
published in 1967
Status today
In forceas of 27/08/2026
Articles
11
What it provides
This decree repeals the two earlier decrees and regulates bank-customer relations until 24 June 1967. It caps cash withdrawals from credit accounts, allows balances and bank credit to be used for purchases and service payments through non-cash means, and permits banks to pay employee wages in cash to employers.
The full text
This act was published in the Lebanese Official Gazette in 1967. Its full text and the original scan are in the Gherbal National Gazette archive.