Regulatory Alerts2025-01-01
Circular No. 58/2025: Official Holiday in the Hashemite Kingdom of Jordan
The Palestine Monetary Authority issued Circular No. 58/2025 to mandate that all banks operating in Palestine suspend external transfer requests and Jordanian Dinar funding notifications on Tuesday, June 10, 2025, in observance of the Eid al-Adha holiday. Banks are required to ensure that any settlement deficits arising from interbank market netting are covered by 11:00 AM on that day. The Authority reserves the right to reverse and cancel any Jordanian Dinar transfer requests received in violation of this directive without consulting the executing bank.
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