Regulatory Alerts2024-01-01
Palestine Monetary Authority Circular No. 28/2024 on Banknotes in Circulation
The Palestine Monetary Authority issued Circular No. 28/2024 to all money changers operating in Palestine, reiterating the mandatory requirement to accept all current series of banknotes in circulation. This directive specifically mandates the acceptance of US $100 and $50 white series notes in accordance with Item 6 of Circular No. 125/2022. The regulation aims to ensure full compliance with existing monetary laws regarding the handling of circulating currency.
Palestine Monetary Authority
PALESTINE MONETARY AUTHORITY
Decision Issued by the Palestine Monetary Authority
Circular No. (28/2024)
To All Money Changers Operating in Palestine
Date: Tuesday, December 31, 2024
Subject: Banknotes in Circulation in Palestine
The Palestine Monetary Authority reiterates the necessity of full compliance with accepting all current series of banknotes in circulation in Palestine, in accordance with the provisions of Item No. (6) of Circular No. (2022/125); including the white US Dollar series of $100 and $50 denominations.
Supervision Group
Palestine Monetary Authority
Ramallah & Al-Bireh Governorate - Palestine P.O. Box 452 - Ramallah & Al-Bireh Governorate - Palestine P.O. Box 452 info@pma.ps | Fax: +970 2 2415310 | Tel: +970 2 2415251 | Postal code: P6160675 | Postal Code