Regulatory Alerts2021-01-01
Circular No. 46 of 2021 Regarding Addressing and Postal Coding in Palestine
The Palestine Monetary Authority, in coordination with the Ministry of Telecom & Information Technology, issued Circular No. 46 of 2021 mandating all specialized lending institutions operating in Palestine to immediately adopt the official national postal coding system. The directive requires these institutions to integrate their assigned postal codes into all outgoing postal and logistical correspondence, internal documentation, and communications with affiliated banks and companies. Implementation guidance directs stakeholders to retrieve codes via the official government portal and utilize GPS-enabled mobile tools for precise location mapping, with technical support available through designated ministry focal points.
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