Regulatory Alerts2021-09-07
Added · Updated
Central Bank of Jordan Circular No. 10/1/1343 Regarding Checkbook Issuance Regulations
The Central Bank of Jordan amends Item No. 4 of Circular No. 10/1/5134 to limit its application to individual clients, thereby granting banks flexibility in dealing with the corporate sector. This change addresses difficulties faced by banks in applying the previous requirement to corporate clients, particularly in the trade sector. Banks must continue to apply all other items in the circular to both individual and corporate sectors when issuing checkbooks.
Topics
Share