Lebanon’s mix of Mediterranean charm, vibrant nightlife, and deep history makes it an unforgettable destination – but managing money in Lebanon and understanding how currency works is vital, especially during economic fluctuations. Whether you’re dining in Beirut, shopping in souks, or taking a coastal road trip, knowing how to pay is essential. This guide covers what currency to bring, the best ways to get money and currency in Lebanon (Lebanese Pound – LBP, often used alongside USD), tips for handling cash safely, and important dos and don’ts. With this knowledge, you can navigate Lebanon’s money matters confidently.
How to pay in Lebanon – cash or card?
In Lebanon, cash is the main payment method as lebanon’s payment ecosystem remains heavily cash-centric due to ongoing economic instability and banking reforms. Travellers must rely on cash payments for majority of the transactions while for hotels etc.
Cards are accepted in many urban businesses and tourist heavy areas only. The Lebanese pound (LBP) is the official currency, but U.S. dollars are widely used.
You can use cash for:
- Street Vendors and Markets: Souks, small kiosks, and informal shops are cash-based.
- Public Transportation: Buses, shared taxis (service), and local rides require cash fares.
- Small Businesses: Many independent cafés and shops prefer cash.
- Hostels and Guesthouses: Budget and smaller accommodations often require cash payment.
- Tips and Gratuities: Cash tips are common for restaurant staff, drivers, and guides.
- Rural Areas: Outside major cities, card acceptance can be limited.
You can use card for:
- Hotels: Larger hotels and international chains accept Visa and Mastercard.
- Restaurants: Upscale and mid-range establishments in Beirut and tourist areas take cards.
- Retail Stores: Shopping centers and some supermarkets accept cards.
- Car Rentals and Tours: Established companies generally take cards.
- Online Bookings: Flights, hotels, and tours can be paid by card.
What’s the best currency to take to Lebanon?
The Lebanese Pound (LBP) is the official currency, but in practice, US Dollars (USD) are widely accepted and often preferred, especially for larger purchases, hotel stays, and services. In fact, with foreign cards, ATMs will only give you US Dollars.
Lebanon has a dual-currency economy, and many businesses quote prices in USD, particularly in Beirut. However, if you pay in Lebanese Pounds, you may receive a poor exchange rate, especially with the country’s volatile currency situation.
GBP and Euros are not accepted here.
Where to get currency in Lebanon?
There are 3 main ways to get cash in Lebanon. They are:
- ATMs, or
- Currency exchange, or
- Money transfer & local pick-up
Types of cards to swipe in Lebanon
Visa and Mastercard transactions are commonly accepted for swiping. You might also find some places that accept Amex and other cards, albeit less frequently.
Types of cards at ATMs in Lebanon
If you’re withdrawing money in Lebanon from an ATM, ATMs commonly accept Visa, Mastercard, Plus, Cirrus, CUP and Maestro cards. Others like JCB, American Express, Diners, Discover and Rupay cards are generally not accepted.
Should I exchange money before travelling to Lebanon?
Bringing a moderate amount of US Dollars (USD) before traveling to Lebanon is highly recommended, as Lebanon’s financial situation has led to widespread use of USD in daily transactions, often alongside or in place of the Lebanese Pound (LBP).
While ATMs are available, many are unreliable or limited in cash supply, and withdrawal limits or bank restrictions may apply. Some ATMs may not accept international cards, so it’s best not to rely on them as your primary source of funds.
If you need to exchange money, use licensed exchange bureaus in major cities like Beirut for the best rates. Avoid hotel desks or unofficial street exchangers. USD is the easiest currency to exchange, but fresh, high-denomination bills are preferred.
Where to withdraw money in Lebanon
You can withdraw money in Lebanon at leading bank ATMs in the country. The best ATMs for foreigners to use in Lebanon are those owned by popular banks such as:
- Fransabank,
- Bank Audi,
- Credit Libanais,
- Byblos Bank, and
- Bank of Beirut.
There are other banks with ATMs that also accept international debit and credit cards.
For a detailed guide, read Cash and ATMs in Lebanon.
Where to exchange currency in Lebanon
You can exchange currency in Lebanon at licensed currency exchange offices and banks branches.
Currency Exchange Offices (Sarrafs): Money changers are widespread, especially in Beirut, Tripoli, and Sidon. These offer the most accurate daily market rate and are preferred over banks. Look for licensed sarrafs with digital boards displaying current rates.
You can find currency exchange centres in popular areas like Hamra and Verdun Streets (Beirut), Downtown commercial areas and Beirut International Airport (less competitive rates).
Banks: Most banks do not offer foreign exchange at competitive rates anymore due to the ongoing financial crisis. Exchange is now largely done through money changers.
Airport Services: Exchange counters are available at Beirut-Rafic Hariri International Airport, but rates are typically worse than in the city.
Tip: Bring cash in USD, preferably small denominations, and exchange selectively at reliable local money changers. Card usage is limited, and many vendors prefer cash only due to fluctuating exchange rates.
You can find good currency exchanges in Lebanon using the ATM Fee Saver app – it will guide you to the nearest currency exchange on the map. The app helps you with forex places in 160+ countries, including Lebanon. Download now from the App Store or Play Store.
Avoid Airport Exchanges and no-fee exchange offices: They have the highest fees and poorest exchange rates. Wait to get to the city to exchange cash.
Download ATM Fee Saver now.
Is carrying cash in Lebanon safe?
Carrying cash in Lebanon is necessary, especially due to ongoing banking and currency issues that make card payments unreliable. While violent crime is rare, petty theft can happen in busy areas, so extra care is recommended.
To safely carry cash in Lebanon:
- Bring sufficient US dollars or Lebanese Pounds for daily use, split across secure locations.
- Use a money belt or inner-pocket pouch, especially in crowded places.
- Avoid displaying large amounts of cash, particularly in souks or cafes.
- Be alert in public transport, downtown Beirut, or tourist hotspots like Byblos and Baalbek.
- Only withdraw from ATMs located in trusted banks or shopping centers.
- Many vendors now operate on a cash-only basis – always keep small denominations ready.
Is it better to use debit or credit cards or pay by cash in Lebanon
Use a card if it is fee-free i.e. your bank does not charge any fees to swipe the card, when the merchant / POS also does not impose any extra charge to use a card, you need to use the insurance of the card, don’t want to block cash of large purchases and card’s swipe fees are lower than withdrawal fees.
Pay by cash by withdrawing cash from ATM or exchanging currency where – fees on ATM withdrawals are lesser than fees on swiping cards, you don’t want to leave any digital footprint of your expenses, it is convenient and easier to conduct transactions.
