Convert Lebanon bank statements to Excel or CSV in seconds
Lebanon's banking crisis of 2019–2020 rendered traditional statement reconciliation complex. Accounts may show transactions in multiple exchange rates: official BdL rate, Sayrafa platform rate, and the parallel market rate. Kashf handles multi-currency Lebanese statements by tagging each rate context.
Banque du Liban (BdL)
17% corporate income tax; 11% VAT; personal income tax 2–25%; financial sector subject to BdL circulars with special haircut provisions.
Jan 1 – Dec 31
Post-crisis, most businesses operate in USD-cash or WhishMoney, with LBP used mainly for small retail. Statements from pre-2019 accounts require understanding of capital controls and frozen deposit provisions.
| Label | Meaning |
|---|---|
| OMT TRANSFER | OMT cash transfer service |
| WHISH PAYMENT | WhishMoney digital wallet |
Lebanon's banking sector collapsed in 2019–2020 under BdL Circular 154. Deposits over $100K were subjected to haircuts. Most statements post-2019 show complex multi-currency, multi-rate entries requiring specialist reconciliation.
Which banks in Lebanon are supported?
Kashfbank supports all major banks in Lebanon. Upload any PDF bank statement and get Excel or CSV in seconds.
What currency do Lebanon bank statements use?
The primary currency in Lebanon is LBP. Kashfbank extracts all currency values exactly as shown in the original PDF.
Who regulates the banking sector in Lebanon?
Lebanon's banking sector collapsed in 2019–2020 under BdL Circular 154. Deposits over $100K were subjected to haircuts. Most statements post-2019 show complex multi-currency, multi-rate entries requiring specialist reconciliation.
How does Kashfbank handle Lebanon bank statements?
Kashfbank uses AI to extract transactions from PDF statements from all major Lebanon banks. Bilingual statements, multi-page PDFs, and all common PDF formats are fully supported.
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Post-2019 financial crisis, many Lebanese businesses pay in USD cash or via OMT transfers. Bank statements may show both LBP and USD lines for the same account due to parallel exchange rate regimes.