The Union of Money Changers responds to the Lebanese Association of Student Parents

The Council of Money Changers clarified in a statement in response to what was received from the Lebanese Association of Parents of Students in Foreign Universities, that the money changers, whose number does not exceed 21, had been carrying out the task they were entrusted with serving the maximum to citizenship, and that they possessed thousands of documents and documents in the name of the students. Beneficiaries who accredit the delivery of $ 2,500 for university tuition and $ 1,000 per month for student housing in addition to the monthly salaries of domestic servants according to what is indicated in their circular until the injection of dollars from the central bank decreased to $ 25,000 for each one of them, forcing the aforementioned sums to be reduced to distribute the modest value to the largest possible number of beneficiaries, and depriving importing companies and hospitals of them ”. He added: “The Union realizes that the sums assigned to students and servants have become less than required, but it is not responsible for what happened and declares its willingness to collect it in accordance with the Central Bank’s ability to increase the sums. given to the money changers. By the way, the Union decided to announce the names of the bankers approved by the Banque du Liban in a visible place in their companies to guide citizens in an easier way.

The Lebanese Association of Parents of Students in Foreign Universities highlighted in a statement that “what was said by the vice president of the Changers’ Union, Mahmoud Halawi, in one of the programs televised today, that the transfers in dollars have been made in a standing for students since issuance of BDL circular is inaccurate, and may be Mr. Halawi and his colleagues applied the circular to a small number of students to convey their commitment to BDL circular. The association, which includes some 900 tutors of Lebanese students in foreign universities, announced that in the coming days it would collect documents from the students’ parents to meet the requirements. And he asked the media to “be cautious in this matter, which affects the fate of thousands of students and their families.”