Fresh Money Account

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The Fresh Money Account offers you immediate international and local access to your fresh foreign currency funds that are exclusively deposited in cash or received by transfer from abroad, along with other features designed to give you more flexibility when managing your funds.

WHAT DO YOU NEED TO KNOW ABOUT THE FRESH MONEY ACCOUNT?
  • It is a a current account opened for individuals and companies with fresh money in foreign currencies that are deposited in cash through branches or ATMs, or received as incoming international wire transfers* after November 17, 2019.
  • It grants immediate access to funds* and to a full range of banking operations, such as foreign currency cash deposits and withdrawals, issuance of banker’s cheques, local and international transfers, bill domiciliation, standing orders, and more.
  • It is available in US Dollars, Euro and other major currencies.

    *Senders must confirm with their bank that the amount will be transferred directly to BBAC (Swift: BBACLBBX) not to a local Intermediary bank first, so that the amount received by the beneficiary is considered fresh money.

    *Commission and fees will be deducted, as is done for any other account.

WHAT BENEFITS DOES THE ACCOUNT OFFER?
  • No restrictions on local and international wire transfers.
  • Fresh Money Debit Cards, Classic or Platinum, linked to your account that you can use locally and worldwide to make purchases at points of sale or over the Internet, and to withdraw* cash from any ATM machine. The cards also allow you to deposit* cash at BBAC’s ATMs and benefit from lower deposit commission fees and other advantages.

    *Local ATM cash withdrawals can be made in USD only at selected BBAC ATMs, while international ATM cash withdrawals are completed in the currency of the account.

    *Do not support ATM cheque deposits.

  • MyRewards Loyalty Program through which you earn 1 point for every 10 USD, or equivalent spent using the Fresh Money Platinum Debit Card at points of sale in Lebanon and abroad, redeemable online for a variety of rewards.

    *For more details, please visit www.bbacmyrewards.com

  • Supplementary card for the person of your choice.
WHAT IS THE NEXT STEP

Visit any BBAC branch, where our customer service representatives are ready to provide assistance.

 
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