The Banking Executive Magazine - April 2021

Credit Libanais 2 Cards in 1 New from Credit Libanais “International Wallet” In line with the Bank’s strategy to act proactively in the market to answer customers’ needs; and due to the cur- rent situation Lebanon is going through that imposed a decrease on the international limit on all cards for spending abroad. Credit Libanais is proud to launch a new and first-of-its-kind service in Lebanon and the region; the “Inter- national Wallet” that will enable cardholders to spend abroad. This innovative and unique feature is free of charge, allowing customers to add an International Wallet on their existing USD credit card, load it with Fresh Funds & use it abroad with no restrictions. In parallel, cardholders can still use the same card in hand locally as per their card limit. By holding one single card, card- holders can spend locally (up to their card available limit) and internation- ally (up to their available pre-loaded balance) and keep track of their ex- penditure via 2 separate SMS re- ceived on their phone (SMS for Local Transactions & SMS for International Transactions) & 2 separate E-state- ments (E-Statement for Local Trans- actions to be settled from the current local USD account & E-Statement for International Transactions displaying the International Wallet spending de- tails). Mrs. Randa Bdeir, Deputy General Manager and head of E-payment So- lution and Cards Technology at Credit Libanais stated: “Our mission is to keep providing our customers with the most advanced and innova- tive solutions that answers their needs and meets their expectations, especially in the current situation that Lebanon is going through. We put customers at the center of all that we do – this means anticipating our customers’ needs through supe- rior experience and greater conven- ience.” Mrs. Bdeir added: The advantage of the International Wallet is that “One card will do it all”; since this unique feature allows cardholders to spend in Lebanon using their card as usual and abroad using the International Wallet linked on their card. More im- portantly, any unused Fresh Money amount will remain available in the international wallet to be used any- time. Cardholders will keep on benefiting from all the privileges offered on their existing card. ISSUE 148 APRIL 2021 the BANKING EXECUTIVE 17