Regulatory Alerts2023-01-01
Circular No. 75: Fifth Issue of the 20 Jordanian Dinar Denomination
The Palestine Monetary Authority issued Circular No. 75/2023 requiring all Palestinian banks to immediately implement procedures for handling the Jordanian Central Bank's new fifth-series 20 Jordanian Dinar banknote. Banks must configure cash counting machines and ATMs to process and verify the new notes alongside existing currency, train employees on the updated security features to detect counterfeiting, and educate customers about the new banknote's key security characteristics. Institutions are directed to consult the provided Central Bank of Jordan link for detailed information on the new currency's security elements.
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