Regulatory Alerts2025-01-01
Circular No. 2/2025 - Payment Services Holiday for Isra and Mi'raj
The Palestine Monetary Authority issued Circular No. 2/2025 to mandate the closure of all payment service companies operating in Palestine on Monday, January 27, 2025. This directive is issued in accordance with Payment National Law No. 41 of 2022 and a Cabinet decision to observe the Isra and Mi'raj anniversary. The closure applies specifically to the operational days of payment service providers to commemorate the occasion.
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