Regulatory Alerts2021-01-01
Instructions No. 17 on the Re-levying of Clearing System Fees
The Palestine Monetary Authority issued Instructions No. 17 of 2021 to formally re-impose and regulate clearing system fees for all licensed banks operating in Palestine. This directive explicitly repeals the previous Instructions No. 34 of 2020 and nullifies any conflicting regulatory provisions. The new fee framework becomes mandatory for all competent authorities to enforce starting July 1, 2021.
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