Lebanese banks during war or other crisis

upon death relatives will heritage the account
however if the account is not shared the taxes will increase upon death (heritage taxes)% for the government + % to the bank
since upon death the bank and the government will have to find relatives of the dead costs money
in case of robbery the bank have insurance nothing to fear…
in case of war the branches of the bank outside the war zone remains operational
only branches near the war zones will be closed
hope this finds you well

MARC0000 wrote:

upon death relatives will heritage the account
however if the account is not shared the taxes will increase upon death (heritage taxes)% for the government + % to the bank
since upon death the bank and the government will have to find relatives of the dead costs money
in case of robbery the bank have insurance nothing to fear…
in case of war the branches of the bank outside the war zone remains operational
only branches near the war zones will be closed
hope this finds you well

Thank you so much Marc0000 this is really helpful, one more question  in case of death if the bank didn't have time to find family members  will that make the Taxe goes less ?

no it's a rule
in case not a shared account
the taxes will be imposed
as far as i know
the taxes are 20% on the account amount