Central Bank of Jordan Memorandum No. 1/2023 Regarding Official Working Hours

In the Name of Allah, the Most Gracious, the Most Merciful

[Logo of the Central Bank of Jordan]

Number: 10/1/745
Date: 29/9/1444 AH
Corresponding to: 20/4/2023 AD

Memorandum to Licensed Banks
No. (1/2023)

Greetings,

Based on the provisions of Article (35/A) of the Banking Law No. (28) of 2000 and its amendments, please be informed of the following:

1. The official working hours for licensed banks shall be from 8:00 AM to 3:30 PM.
2. Public dealings shall commence at 8:30 AM and end at 3:00 PM.
3. The daily working hours for the "Real-Time Gross Settlement System - Jordan" shall be as follows:
   a. The period for exchanging bilateral transfers between members begins at 8:30 AM and ends at 3:00 PM. b. The receipt of net settlement result files from retail payment systems for settlement on the system begins at 8:30 AM and ends at 2:45 PM.
   c. The "Liquidity Period" begins at 3:00 PM and ends at 3:30 PM. During this period, only transfer orders necessary to cover pending orders in the queues or existing daytime repurchase operations are processed.
   d. The working day in the system ends at 3:30 PM.
4. The deposit window for Jordanian Dinar deposits shall accept deposits from 2:15 PM to 3:15 PM.

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P.O. Box 37 • Amman 11118 Jordan • Phone 4630301 • Fax 4638889 • Website: www.cbj.gov.jo • Email: info@cbj.gov.jo Form (1/1-09)

Central Bank of Jordan
CENTRAL BANK OF JORDAN

5. The Bank's Cashier at the Central Bank shall handle transactions with licensed banks for cash withdrawals and deposits from 8:30 AM to 2:00 PM.
6. This memorandum shall be effective as of 25/4/2023.

Please accept our highest regards,

[Signature]
Governor
Dr. Adel Al-Sharkas

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Form (1/1-09)

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