Regulatory Alerts2025-01-01
Circular No. 42/2025: Activation of Bank Accounts for Sadeeni Wakhud Biyadi Charity Association
The Palestine Monetary Authority issued Circular No. 42/2025 on May 14, 2025, instructing all banks operating in Palestine to activate the bank accounts of the Sadeeni Wakhud Biyadi Charity Association. This directive follows a formal request from the Ministry of Interior's General Administration of Non-Governmental Organizations to restore banking services for the association registered under number BL-3467-C. The circular mandates immediate implementation and notification of the association's representatives to ensure compliance with the Ministry's authorization.
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