Is cash still widely used?
Yes — almost exclusively. Lebanon’s 2019 financial collapse destroyed confidence in the banking system and made USD the de facto currency for most daily transactions. Lebanese pounds still circulate but have lost most of their value. Most businesses now price in USD.
ATMs and withdrawing cash
The banking crisis severely restricted ATM access. Most Lebanese bank ATMs have withdrawal caps and often dispense Lebanese pounds at unfavorable rates. USD cash brought from abroad is the most practical approach.
- Bring USD cash from your home country
- Money changers (sarrafin) offer the best USD-to-lira rates
- Don’t rely on your foreign bank card for access to funds
Card acceptance
Very limited. A small number of upscale restaurants and hotels in Beirut accept cards, but most businesses now require USD cash.
Tips for travelers
- Bring all the USD you need for your trip in cash
- Small USD bills ($1, $5, $20) are the most practical denominations
- The situation continues to evolve — check current conditions before travel
- Despite the crisis, Lebanon remains a fascinating destination with warm hospitality