Regulatory Alerts2023-01-01
Circular No. 45/2023: Fifth Issue of the 50 Jordanian Dinar Banknote
The Palestine Monetary Authority issued Circular No. 45/2023 to mandate immediate acceptance of the Central Bank of Jordan's fifth series 50 Jordanian Dinar banknote by all money changers operating in Palestine. The directive requires institutions to calibrate counting and inspection machines for the new notes, train staff on identifying key security features to prevent counterfeiting, and proactively educate customers about the updated currency. Money changers are further directed to utilize the provided Central Bank of Jordan web link for detailed reference on the new banknote's security characteristics.
Palestine Monetary Authority
Circular No. (45/2023) To all money changers operating in Palestine Date: Sunday, 12 February 2023
Subject: The Fifth Issue of the (50) Jordanian Dinar Banknote
In light of the Central Bank of Jordan's issuance of a new fifth series paper currency in the (50) dinar denomination, it is requested to take immediate measures to accept transactions using the new issue; including:
- Preparing machines to count and inspect the new series of paper currency alongside the current issue of the same denomination.
- Training staff on the security features of the currency to enable them to distinguish any forgery or counterfeiting.
- Raising customer awareness regarding the new issue and its key security features.
Furthermore, reference may be made to the electronic link below to review the security features of the new paper currency.
Supervision Group Palestine Monetary Authority
https://www.cbj.gov.jo/Pages/viewpage.aspx?pageID=1449
www.pma.ps Ramallah & Al-Bireh Governorate - Palestine P.O. Box 452 Tel: +970 2 2415251 | Fax: +970 2 2415310 | info@pma.ps Gaza - Palestine P.O. Box 4026 Tel: +970 8 2825713 | Fax: +970 8 2844487