Regulatory Alerts2015-01-01
Circular No. 156 New Banknotes
The Palestine Monetary Authority issued Circular No. 156/2015 to mandate all Palestinian banks to calibrate their cash counting machines, inspection devices, and ATMs for the imminent circulation of the new 200 shekel banknote. This directive requires financial institutions to implement necessary technical adjustments to ensure accurate processing and secure handling of the new currency. Compliance with these operational updates must align with the Authority's existing regulatory guidelines to mitigate risks and maintain banking sector safety.
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