Regulatory Alerts2021-01-01
Circular No. 44: Addressing and Postal Coding in Palestine
The Palestine Monetary Authority issued Circular No. 44 to mandate all banks operating in Palestine to adopt the standardized postal coding and addressing system. The directive requires financial institutions to implement the procedures and operational mechanisms detailed in the attached letter from the Minister of Communications and Information Technology. Banks must ensure immediate compliance with the specified guidelines to align banking operations with national postal standards.
Palestine Monetary Authority
PALESTINE MONETARY AUTHORITY
Circular No. (2021/ 44)
To all banks operating in Palestine
Date: Monday, March 01, 2021
Subject: Addressing and Postal Coding in Palestine
Attached for your action is the letter from His Excellency the Minister of Communications and Information Technology regarding the use of postal codes, in accordance with the details and mechanism outlined in the attached letter.
Supervision Group
Palestine Monetary Authority
Ramallah & Al-Bireh Governorate - Palestine P.O. Box 452 - Palestine - Ramallah & Al-Bireh Governorate
info@pma.ps | Fax: +970 2 2415310 | Tel: +970 2 2415251
Gaza - Palestine P.O. Box 4026 - Palestine - Gaza