Regulatory Alerts2024-01-01
PMA Circular No. 134: Cap on Payments Executed via the National E-SADAD Invoice Presentation and Settlement System
The Palestine Monetary Authority issued Circular No. 134 on January 30, 2024, to establish a maximum limit on payments executed through the national E-SADAD invoice presentation and settlement system. This directive mandates that financial institutions and payment service providers adhere to the specified cap to ensure system stability and regulatory compliance. The circular outlines the operational requirements and enforcement mechanisms for managing transaction volumes within the E-SADAD framework.
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