If you need to send money to friends and family in Lebanon, compare what options are out there first. In general, banks will add on more fees and give you a worse exchange rate. We've listed some of the most popular money transfer services and give tips on transferring money below.
Send money to Lebanon with WorldRemit
WorldRemit International Money Transfers Offer
Send money online within minutes
Large range of destinations
Able to send to cash pickup locations
Send money to Lebanon with WorldRemit
Send money to 110+ countries for bank deposit, instant e-wallet, mobile top-up or cash pickup at 30,000+ agent locations worldwide.
Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.
Case study: Elias’ family transfers
Born and raised in Beirut, Elias was approached by an Australian export company to assist in their Sydney headquarters with shipments to Lebanon.
Elias is excited for the opportunity but concerned about his parents who rely on his salary for their expenses. He decides to first do some research to see what types of services are available for sending money from Australia to Lebanon and how much $1,000 AUD will convert to in Lebanese Pounds (LBP).
Money transfer company
1 AUD = 1108.99 LBP
1 AUD = 1222.40 LBP
Cost per transfer
$22 AUD if initiated online. $30 AUD if you use a branch.
Amount received in LBP
2 to 5 business days
Pick up options
Bank to bank transfer
Cash pick up – there's also an option to have the money exchanged to the US Dollar
Elias was surprised at the difference in the amount of money his parents would receive when using a money transfer company over a bank. While the fees charged were close to equal, there was a marked difference in the exchange rates.
How do I compare transfer companies when transferring money to Lebanon?
There are a number of fees and features that should be considered when transferring money from Australia to Lebanon as you can see from Elias’ investigation. To ensure that you are getting the service you need for a competitive price compare the following:
The exchange rate. The exchange rate lets you know the equivalent of the Australian dollar to your home currency. As this often appears to differ in fractions of a cent, it's important to compare it using a larger sum of money.
The fees. Fees will vary for the service and will sometimes change with the same company based on the amount of money you are sending.
Pick up methods. You will notice that while some companies offer a cash pick up, you may also be able to make a direct bank deposit.
Turnaround time for the money transfer. In some cases the transfer will be almost instantaneous while a bank transfer may take up to five business days to complete.
Transfer amount. If you intend on sending smaller amounts of money, check for a minimum transfer amount.
Lebanese pounds are considered to be an exotic currency which deters some Australian banks from making transfers to Lebanon. You still may be able to have the AUD sent to a bank account in Lebanon where it will then be converted.
As a result, a money transfer service may be the most convenient option. Below are listed some institutions in Australia that allow for transfers of money to Lebanon:
Commonwealth Bank. Commonwealth Bank does conduct money transfers to Lebanon. You will have to be an account holder to take advantage of this service.
MoneyGram. MoneyGram can be accessed online or at agents throughout Australia to send money to Lebanon.
Xpressmoney. This money transfer service provider allows for cash pick ups in Lebanon at a number of agencies.
Western Union. You are able to send money to Lebanon with Western Union provided you complete the transaction at an agency as opposed to online.
If you are travelling in Lebanon and lose your cash or wallet, you may be able to obtain emergency cash using one of these methods:
Cash pick up with a transfer company. So long as you have a photo identification you can have money sent to you in Lebanon using a money transfer service provider.
Credit card provider. If your credit card is also lost, the provider may send you a small amount of emergency cash until a replacement card reaches your destination.
Travel insurance. A travel insurance plan obtained before your trip may have provisions to send you cash in the event of an emergency. Make sure you file and save a copy of a police report to use in your claim.
The Australian Department of Foreign Affairs and Trade (DFAT) does not recommend that Australian tourists take a holiday in Lebanon. If you are visiting Lebanon and need to pick up cash at an agency, secure reliable transportation with a trusted individual to accompany you.
As your options for sending money to Lebanon from Australia are mostly cash transfer service companies, it is important that you and the recipient are prepared with the following:
Full name. The full name of the beneficiary listed on their photo identification should match exactly with the name listed on the transfer order.
Reference number. You will be given a unique reference number at the conclusion of the transaction. This number must be given to the pick up agent by your beneficiary along with their identification.
Your name. For verification the agent may ask for the recipient to give your name and location.
Transfer amount. The amount of money sent will also be verified by the pick up agent.
Save the paperwork that is given to you at the end of the transaction. This will serve as your proof in the event that there is a dispute with the transfer company.
When looking at ways to send money to friends and family in Lebanon from Australia it is important that you compare the available options carefully. There are distinct differences in fees and rates which will affect the amount of money that arrives at the agency in Lebanon.
Shirley Liu is Finder's global program manager. She was previously the publisher for banking and investments and has also written comparisons for energy, money transfers, Uber Eats and many other topics. Shirley has a Master of Commerce and a Bachelor of Media, Journalism and Communications from the University of New South Wales. She is passionate about helping people find the best deal for their needs.
How likely would you be to recommend finder to a friend or colleague?
Very UnlikelyExtremely Likely
Thank you for your feedback.
Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve.
Important information about this website
finder.com.au is one of Australia's leading comparison websites. We compare from a wide set of banks, insurers and product issuers. We value our editorial independence and follow editorial guidelines.
finder.com.au has access to track details from the product issuers listed on our sites. Although we provide information on the products offered by a wide range of issuers, we don't cover every available product or service.
Please note that the information published on our site should not be construed as personal advice and does not consider your personal needs and circumstances. While our site will provide you with factual information and general advice to help you make better decisions, it isn't a substitute for professional advice. You should consider whether the products or services featured on our site are appropriate for your needs. If you're unsure about anything, seek professional advice before you apply for any product or commit to any plan.
Products marked as 'Promoted' or 'Advertisement' are prominently displayed either as a result of a commercial advertising arrangement or to highlight a particular product, provider or feature. Finder may receive remuneration from the Provider if you click on the related link, purchase or enquire about the product. Finder's decision to show a 'promoted' product is neither a recommendation that the product is appropriate for you nor an indication that the product is the best in its category. We encourage you to use the tools and information we provide to compare your options.
Where our site links to particular products or displays 'Go to site' buttons, we may receive a commission, referral fee or payment when you click on those buttons or apply for a product. You can learn more about how we make money here.
When products are grouped in a table or list, the order in which they are initially sorted may be influenced by a range of factors including price, fees and discounts; commercial partnerships; product features; and brand popularity. We provide tools so you can sort and filter these lists to highlight features that matter to you.
We try to take an open and transparent approach and provide a broad-based comparison service. However, you should be aware that while we are an independently owned service, our comparison service does not include all providers or all products available in the market.
Some product issuers may provide products or offer services through multiple brands, associated companies or different labelling arrangements. This can make it difficult for consumers to compare alternatives or identify the companies behind the products. However, we aim to provide information to enable consumers to understand these issues.
Providing or obtaining an estimated insurance quote through us does not guarantee you can get the insurance. Acceptance by insurance companies is based on things like occupation, health and lifestyle. By providing you with the ability to apply for a credit card or loan, we are not guaranteeing that your application will be approved. Your application for credit products is subject to the Provider's terms and conditions as well as their application and lending criteria.