Regulatory Alerts2013-01-01
Palestine Monetary Authority Circular 122/2013 on the New US $100 Federal Reserve Note
The Palestine Monetary Authority issued Circular 122/2013 to notify exchange houses and businesses of the Federal Reserve's redesigned $100 note, which introduces a three-dimensional security ribbon and a color-changing bell to combat counterfeiting. The directive requires financial institutions to verify these new security marks while confirming that all older US dollar denominations remain valid legal tender and do not need to be replaced. It further mandates that staff utilize official Federal Reserve authentication resources and maintain strict vigilance against counterfeit currency in daily transactions.
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