RegAlert

Rule · CBJ · 15 Feb 2026

Amendment of the Upper Limit for Interest/Yield on Credit Payment Instruments

consumer
payments

The Central Bank of Jordan amends Article 23/A of the Financial Consumer Protection Instructions for Payment and Electronic Money Transfer Companies to reduce the maximum monthly interest or yield on credit payment instruments from 1.75% to 1.5%. This directive applies to all payment and money transfer companies under the Bank's supervision, requiring them to update internal systems, notify customers, and apply the new rate to existing and future instruments. The amendment becomes effective within 60 working days from the circular's date, and affected entities must provide evidence of compliance.

JordanCentral Bank of Jordan

CENTRAL BANK OF JORDAN

Central Bank of Jordan

Reference No.: 4/1/248
Date: 27/8/1447 AH
Corresponding to: 15/2/2026 AD

Circular to Payment and Money Transfer Companies Subject to the Supervision and Oversight of the Central Bank of Jordan Amendment of the Upper Limit for Interest/Yield on Credit Payment Instruments

Greetings,

With reference to the Financial Consumer Protection Instructions for Payment and Electronic Money Transfer Companies No. (2021/3) dated 2021/3/3, which obligate companies to include several clauses in related contracts regarding the issuance of credit payment instruments, including "that the upper limit of interest/yield shall not exceed 1.75% monthly," it has been decided to amend Article (23/A) of the aforementioned Instructions to read as follows:

"that the upper limit of interest/yield shall not exceed 1.5% monthly."

Accordingly, please act in accordance with this amendment to take the necessary measures to regularize affairs and apply the modified rate to all existing and future credit payment instruments, and to amend systems and procedures to ensure compliance and notify customers in due course. This circular shall come into effect within a maximum period of (60) working days from its date, and you are required to provide us with evidence supporting your compliance with its provisions.

Please accept our highest regards,

Governor
Dr. Adel Al-Sharkas

Phone: +962 6 463 0301
Fax: +962 6 463 8889
Email: info@cbj.gov.jo
Website: www.cbj.gov.jo
Central Bank of Jordan
P.O. Box (37) Amman, 11118 Jordan

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RegAlert holds no document that amends or replaces this one. This is not a check that it is in force: confirm with the regulator.

Financial Consumer ProtectionInstructions for Payment and Elec…2021 · CBJFinancial Consumer Protection Instructions for Payment and Electronic Money Transfer Companies No. (3/2021) (2021-03-03)Amendment of the Upper Limitfor Interest/Yield on Credit …2026-02-15 · this documentAmendment of the Upper Limit for Interest/Yield on Credit Payment Instruments (2026-02-15)
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The links and the sentences they come from (1)
Amends

Timeline

This document amends: Financial Consumer Protection Instructions for Payment and Electronic Money Transfer Companies No. (3/2021)

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Source: Central Bank of Jordan — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works

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