Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's LBP to LYD (Lebanese Pound to Libyan Dinar) exchange rates

Lebanon
Libya
LBP

Interbank Exchange Rate: 1 LBP = 0.0001 LYD
Updated about an hour ago

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All you need to know about Lebanese Pound to Libyan Dinar money transfers

Easily compare money transfer providers in one place to send money from Lebanon to Libya. Send money overseas to your loved ones by comparing Lebanese Pound (LBP) to Libyan Dinar (LYD) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Lebanon.

Were you looking to send money from Libya to Lebanon instead?

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


Latest LBP to LYD Conversion Rates

Here are some latest LBP to LYD (Lebanese Pound to Libyan Dinar) exchange rates for popular conversion amounts*.

1 LBP0.00 LYD
5 LBP0.00 LYD
10 LBP0.00 LYD
25 LBP0.00 LYD
50 LBP0.01 LYD
100 LBP0.01 LYD
150 LBP0.02 LYD
200 LBP0.02 LYD
250 LBP0.03 LYD
300 LBP0.03 LYD
400 LBP0.04 LYD
500 LBP0.05 LYD
600 LBP0.06 LYD
700 LBP0.07 LYD
800 LBP0.08 LYD
1,000 LBP0.10 LYD
1,500 LBP0.15 LYD
2,000 LBP0.20 LYD
2,500 LBP0.25 LYD
3,000 LBP0.30 LYD
4,000 LBP0.40 LYD
5,000 LBP0.50 LYD
10,000 LBP1.00 LYD
15,000 LBP1.50 LYD
20,000 LBP2.00 LYD
30,000 LBP3.00 LYD
40,000 LBP4.00 LYD
50,000 LBP5.00 LYD
100,000 LBP10.00 LYD

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to transfer money from Lebanon to Libya?

With the global remittance market booming, there are so many choices for Lebanese Pound to LYD money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Libya from Lebanon. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final LYD amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.


How to get the best remit rate for transferring money from Lebanon to Libya?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Libya from Lebanon. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your LBP to Libyan Dinar money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Lebanon to Libya corridor to give you more good choices for your next LYD money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way to send money to Libya from Lebanon?

When you want to send money to Libya from Lebanon, you obviously want the cheapest possible option to maximize the money your recipient gets in Libyan Dinar. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your LBP to LYD money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Lebanon to Libya. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Lebanon to Libya exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Libyan Dinar overseas.


Should I use my bank to send money from Lebanon to Libya?

Bank transfers have been a traditionally popular way to send money overseas from Lebanon to Libya. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the LBP to LYD exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Lebanon bank for your Libya money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


How to send money to Libya from Lebanon fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Lebanon to Libya. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert LBP to LYD fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Lebanese Pound amount reaching Libya. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Libyan Dinar quickly to Libya, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


Which are the best money transfer companies to transfer money to Libya from Lebanon?

Lebanon to Libya money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Libya as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Lebanese Pound to Libyan Dinar money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to transfer money to Libya from Lebanon

The first step to send money to Libya from Lebanon is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your LBP to LYD overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in Libya if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Lebanon bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Libya!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Lebanon to Libya.