- Send money online within minutes
- Large range of destinations
- Able to send to cash pickup locations
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The best way to send money to Lebanon largely depends on how much you're sending and your payment method. Compare digital money specialists to save on fees with access to stronger exchange rates and faster turnaround.
Use our comparison calculator to assess transfer fees, exchange rates and other details for sending funds to Lebanon with our money transfer partners.
Online money transfer providers typically offer the strongest exchange rates and lowest fees on money transfers to Lebanon. Some offer cash pickup in as little as a few minutes, while others seamlessly transfer to bank accounts. Sending money through PayPal or your bank is also an option, but you'll typically face higher fees and weaker exchange rates when going that route.
Companies like CurrencyTransfer specialize in foreign currencies, making them some of the most cost-effective transfers. Most offer transfers directly to your recipient's Lebanese bank account, often in as little as a day or two.
Services like MoneyGram and Western Union allow you to transfer cash for pickup at a local branch in Lebanon— often in 15 minutes. While it's a fast way to send money, you'll pay for the convenience in weak exchange rates and high fees.
The Lebanese pound isn't a popular currency, so your local bank may not be able to exchange it. If your bank does support the Lebanese pound, beware of high fees and wide margins on the exchange rate compared to digital and other options when sending a wire transfer to Lebanon.
Let's say you need to send $1,000 to family in Lebanon. Here's what you might face as far as fees and exchange rates as of 13 November 2020.
|Digital money transfer service||Cash transfer||Bank transfer|
|Fee||$0||$3.99||$6 + additional correspondent bank fees|
|Exchange rate||1 AUD = 1,074.36 LBP||1 AUD = 1091.90 LBP||1 AUD = 1,034.09 LBP|
|Transfer speed||1-2 day||Minutes||2-5 days|
|Amount received||LBP 1,074,366||LBP 1,087,548||LBP 1,027,885|
The cash transfer option ends up being both the fastest and best value.
Sign up and send money with a digital money transfer specialist in four steps:
Weigh costs and fees against convenience to learn how to compare money transfer providers that send to Lebanon to best meet your needs:
When urgency trumps cost to get your money to Lebanon quickly, look for money transfer companies that support cash pickup in minutes. You can pay with a credit or debit card for fast pickup, but fees are higher than other methods.
Cash transfer services can help you if you don't have a bank account, look for a local company that supports storefronts for cash payments. These services include agent locations in other countries that allow your recipient to pick up cash without a bank account.
The exchange rate determines how much one country's currency is worth in another country's currency. When a country's currency is strong, it yields more money when exchanging it in a country with a weaker currency. Factors that may influence the exchange rate include interest rates, economic stability and inflation.
Track how the Lebanese pound trades against the Australian dollar in our historical rate chart.
To send money to Lebanon from Australia, you'll need government-issued ID and other documents, while documents needed to pick up money in Lebanon may differ by company.
To send money from Australia to Lebanon, you'll need documentation and details that include:
To pick up money in person, documentation can include:
Sending money to Lebanon may be subject to taxes on the money transfer, but it depends on a lot of variables.
Sending your hard-earned money to Lebanon shouldn't cost a fortune. Compare money transfer companies that specialize in foreign transactions for the strongest rates, lowest fees and flexible delivery. For transfers to other countries, rely on our country specific guides the next time you need to make a transfer.
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Transfer money overseas for $0. Valid till 15 February 2022. T&Cs apply.
Use one account to transfer money in up to 10 currencies without transaction or ATM fees.
Azimo sends money directly to a bank account or over 280,000 cash pick-up points. It also has fast transfers to 50+ countries.
TorFX guarantees to match any competitor's exchange rate. Conditions apply.
TorFX sends money overseas in 30+ currencies, with competitive rates for transfer amounts over $2,000.
New customers get their first transaction for free with code FIRSTFREE. T&Cs apply.
Send money in minutes at competitive exchange rates with this Australian money transfer service.
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