Regulatory Alerts2022-12-26
Added · Updated
Central Bank of Jordan Circular No. 48/2022 Regarding Fifth Issue Jordanian Currency
The Central Bank of Jordan requires licensed banks to sort deposited cash by the fourth and fifth currency issues and further classify them as fit or unfit for reissue. Banks must also ensure that all deposited cash is free from counterfeit banknotes. Failure to comply with these sorting and verification obligations will result in the Central Bank refusing to accept any cash payments from the banks.
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