Regulatory Alerts2023-01-01
Circular No. 3 (2023) – Fifth Issue of the 1 Jordanian Dinar Banknote
The Palestine Monetary Authority issued Circular No. 3 (2023) requiring all money changers operating in Palestine to immediately prepare their counting and inspection machines to accept the Central Bank of Jordan's new fifth-series one-jordanian-dinar banknote alongside existing currency. Money changers must ensure their equipment is calibrated for the new notes and can consult the provided Central Bank of Jordan link to verify the updated security specifications. Compliance with these immediate operational adjustments is mandatory for all licensed money exchange businesses in the region.
[Logo of the Palestine Monetary Authority]
Palestine Monetary Authority PALESTINE MONETARY AUTHORITY
Circular No. (3 / 2023) To all money changers operating in Palestine Date: Sunday, 08 January 2023
Subject: The Fifth Issue of the (1) Jordanian Dinar Banknote
In light of the Central Bank of Jordan's issuance of a new fifth series for the (1) Jordanian Dinar banknote, money changers are required to take immediate steps to prepare their machines for accepting, counting, and inspecting the new issue alongside the current one.
Reference may also be made to the electronic link below for details on the security specifications of the new banknote.
Supervision Group Palestine Monetary Authority
https://www.cbj.gov.jo/Pages/viewpage.aspx?pageID=1449