MAS

  • Sep 8, 2021
  • Joined Aug 21, 2014
  • In Sell your stuff!
    Used Lenovo ideapad Z570 laptop, in good condition
    15.6”
    Core i7 2.20Ghz
    6GB Ram
    500GB hdd
    Nvidia GeForce GT 540M
    Camera / microphone
    Wifi / bluetooth / card reader
    3 usb, vga, hdmi, lan, headphone and microphone input
    No Operating system
    Selling for 350$
  • In Shipping solar panel from Alibaba to Lebanon
    Metalloy wroteI don't know but I am interested in installing solar system aswell.
    Maybe others here want to get some and we can all buy and ship together increasing both our bargaining power and decreasing shipping costs?
    check SmartPowerLB on twitter, they started with similar approach, their prices are competitive, and they have experience in this. they have a form that you can fill to get more details about the cost
  • In Moving to Canada Process
    Guitaret wroteOne of my questions:
    What is the earliest and cheapest way to do the IELTS test in Lebanon?
    Well for now and based on my research, the only option available is Netcom Computer-delivered IELTS near LAU, 240$ in cash :/
  • In Looking to buy!
    looking for internal laptop SSD or HDD
  • In Farewell MegaCool
    May his soul rest in peace..
  • In Lebanese Banks Capital Control
    random-username wroteGonna repost this question here since this thread is more relevant than the bitcoin one. Also, this would help anyone else in a similar situation

    So i have some money stuck in an account in Lebanon and I want to get as much out as I can, in addition to the bi-weekly cash withdraws that I have entrusted a family member to do.
    I have a USD credit card and the limits are as follows: Max 200$ a day and 500$ a month.
    I was hoping to buy gold with it, but due to the small limit I'd be taking a major hit on a gram-to-gram basis if I'm only buying 2-3 grams, in comparison to a full ounce.
    I need a method to "save" my credit card $ into some sort of account or crypto which I can use later on to buy an ounce of gold.
    I'm in Canada, so local dealers are not an option for me, everything has to be done online.
    I've tried buying crypto on coinbase with my Lebanese CC, but that didn't work.
    Anyone has any suggestions? (I'm also open to paypal or anything else that would help me turn my CC balance to real $ in my canadian bank account)
    i don't want to sound pessimistic, but based on what i am noticing, whatever method you find that would work today, it may not work after 2 or 3 days.
    banks are doing whatever they can -illegally sometimes, but that's another discussion- to stop you from withdrawing or transferring real USD, you want to invest in crypto and/or gold which is near impossible using CC or checks, maybe your best bet if you can find someone that's willing to sell you anything valuable(real estate, car...) for check bancaire or wire transfer..
  • In Lebanese Banks Capital Control
    Based on my experience this week:

    Bank name: Bank of beirut
    Card type:Debit-Visa
    USD withdrawal over the counter(day): 100$ ~ 300$ (depends on availability)
    USD withdrawal over the counter(week): 300$

    Bank name: SGBL
    Card type:Debit-Visa
    USD withdrawal over the counter(day): 200$ (depends on availability)
    USD withdrawal over the counter(week): 400$
    USD withdrawal over the counter(month): 800$
    LBP withdrawal over the counter(week): 2,000,000 lbp
  • In Best option to get the local channels via satellite dish
    Kareem wroteIt's funny that I wanted to create the same topic today. I'm considering a BeIN receiver but the problem is, local channels.
    well for that you can ask beIN to install for you another dish that will be pointed to cablevision (to get the free to air channels), i believe they can point it to Arabsat instead
  • In Lebanese lira to USD exchange
    Tech Guru wrote
    TheIlluminative wroteSo I will be in Istanbul this weekend, any idea how to exchange $$ to L.L? I am trying to get $$ everyday from ATM's here. But I am being limited to only $150/day :( Still better than nothing!

    Checkout exchangers at Istiklal Cadessi. The 100,000 LBP being exhanged in Istanbul for 23 USD. They take USD but not LBP.

    100,000/23 ~ 4500 LBP for each 1 USD
    100 USD there ~ 450,000 LBP

    Istanbul needs to impose control, else local exchanges here will make fortunes " illegally" , local exchanges are taking LBP for USD @ 2000 (now) , They buy the 100 USD and give 200,000 LBP. They take the 100 USD Exchange at Istanbul @ 450,000 LBP

    Profit for each 100 USD they make 450,000 - 250,000 = 150,000 LBP. Assume they got 1000 USD , 1000× 150,000 = 1,500,000 LBP profit.
    can you clarify what do you mean by "They take USD but not LBP. "?
    they are only selling LBP , but not buying it? if that's the case, then from where they are getting the LBP paper note from ?
  • In Lebanese lira to USD exchange
    nosense wrote
    Kareem wrote
    TheIlluminative wroteI booked my flight to Cyprus this Saturday to open a bank account there and will let you know how it works. Will Try to bring $10,000 with me
    That's great to know, I'm opening next week in Paris.I will see how it goes. Keep us updated.

    Out of curiosity, you are going with a schengen visa ?
    what are the papers required to open an account in France? and are you going on a tourist visa ?
    probably my answer isn't related to the paper needed, but regarding the experience of my friend with French nationality who has a bank account in france (because i was asking him if within this situation his account in france gives him any privilege):

    -he cannot transfer money from external account to france account easily, especially if you are not the owner of the external account, for example if you are a freelance and your customer wants to pay you to france account, it would requires papers to prove the source of the money, and the contract between you 2, and a lot of questions.. all of this to prevent money laundering
    Even before all this, when his parents where transferring 1000$, the bank was calling him on each transfer to know the source, and why he needs the money, and where he is getting the money from..

    -he cannot deposit cash amount easily as well, above 4k, they will also ask you load of questions..

    -if your money are in lebanese banks, it is near impossible to transfer them abroad now..
  • In Lebanese lira to USD exchange
    sero wrote
    NuclearVision wroteDude the banks are closing at 12pm because they have no usd left, where will they get your usd from?
    When you wire transfer money from abroad to Lebanon, doesn't the bank send cash to the Lebanese bank at some date?
    Of course not, you will have the value of the money in your account, but no bank in the world has all the money as banknotes(paper money).. the issue now is the banknotes, less and less banknotes are available..

    which bring to mind, Why do people need that much usd banknotes?

    IMO 2 major scenarios:
    -to make profit by selling $
    -to have some cash in case of banks collapse
  • In Sell your stuff!
  • In Lebanese lira to USD exchange
    my experience in BOB:

    My account is in USD:
    - i can withdraw up to 600$ per day from ATM (if there's $ available, which is very unlikely)
    -limit of 3300$ per week from ATM
    -they are taking 3$ commission per 1000$ if you withdraw from Bank teller(lets see when they open if they will adjust the commission and limits)
    -no transfer available between internal usd and lbp account
    -you cannot withdraw LBP from ATM if your account is only in USD
    -USD credit card not working outside lebanon (my colleague experience)
  • In pc for small database
  • In Zomato Gold
    i second John,
    its a good investment especially if you go out regularly and like to explore new restaurants, or if your favorite restaurant is on Zomato Gold,
    you can check : https://www.zomato.com/beirut/gold it contains an FAQ section, it will answer all questions you may have.

    @TheIlluminative its better that you tell the waiter you have zomato gold before ordering, by that they will tell you in case any of the dishes you ordered is not included, usually the number of excluded dishes is so limited (mostly mixed mashewe and combos)

    in case you want additional 20% discount than original price you can use Referral code: MISH3461 (i will benefit form an extra free month as well)
  • In My Mom Passed Away from Cancer
    May her soul rest in peace
  • In Bank savings account interest rates
    @Guitaret:

    Taking a loan right now is not the best option.
    Since you are taking the loan to furnish the house, why not ask check for payment facilities within the stores, some places offer 0% interest up to certain period, and with the current market status most of the places will do their best to sell anything.
  • In Personal finance in Lebanon
    Tech Guru wroteI buy banks products.

    Fixed untouchable investment remediable after 3 years. Healty cash flow with good interest return .

    I trade Stocks , invest in futures / options for commodities (gold , silver , oil , & grain)

    I build Systems , I created a group on facebook from few members reaching now 2.5k. Every thing tech related , which build me a sound customer base without having an on run operating expenses of opening a shop / warehouse / recruit people.
    i am curious to know which tool you use to trade stocks / commodities , and do you face any bank issues when withdrawing ?
  • In Lebanon accounting software
    well depends on the size of the company, most small companies use PIMS.
    And some big companies uses Microsoft Business Central (previously Microsoft Navision).
  • In Electric Generator Meter (عدّاد) fraud
    well after further investigation, i realized that the first digit on the right is the decimal number, so the consumption has added 1.6kWh and not 16! that's a more logical amount.

    thank you for your input! cheers.