Regulatory Alerts2025-11-09
Added · Updated
Central Bank of Jordan Memorandum to Licensed Banks No. 14/2025
The Central Bank of Jordan requires licensed banks to implement supervisory controls for all cash deposit operations to ensure accuracy in preparing cash deposits and verifying deposit document information. This directive addresses recent failures by banks to maintain data accuracy, which contradicts instructions outlined in Memorandum No. 11/2024 dated 27 May 2024. Licensed banks must adopt these measures to prevent future discrepancies in their dealings with the Central Bank.
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