Beirut-based financial company OMT is a family-owned and managed enterprise that has morphed from being simply a ubiquitous sight – the yellow and black logos of OMT agencies are scattered around Beirut, urban centers, and Lebanese villages in all of the country’s provinces – in an overbanked country to an existential supply channel of stable currency. An unknown but decidedly growing number of Lebanese families today depend on their relations in the Lebanese diaspora for inflows of handfuls of dollars every month to withstand the country’s insane inflation, capital controls, and the physical impacts of the 2020 Beirut Port explosion. In this regard, OMT, which started in the late 1990s as the agent of international money transfer corporation Western Union and today offers over 100 domestic and cross-border services to Lebanese residents, says it has facilitated about USD 3.5 billion and 10 million transactions (both numbers being in terms of
