Regulatory Alerts2019-04-03
Added · Updated
Central Bank of Jordan Circular on SMS Banking Services
The Central Bank of Jordan amends the Automated Teller Machine (ATM) Instructions to require dual network lines, satellite tracking chips for public ATMs, specific video retention periods, and compliance with CEN1 standards for cash dispensers within three years. Payment service providers must notify customers of ATM transactions via SMS or email in Arabic or English within 18 months. The amendments also mandate that ATM cash dispensers meet minimum CEN1 standards or equivalent international standards, with a three-year compliance period from the issuance date.