RegAlertRule · PMA · 27 May 2020
Circular No. 108 Government Payment Authorizations
The Palestine Monetary Authority, in coordination with the Ministry of Finance and Planning, issued Circular No. 2020/108 instructing all Palestinian banks to immediately halt the processing of Government Payment Instrument No. 836 for 390,272.50 NIS issued to the European Medical Analysis Laboratory Company. Banks are required to treat the instrument as void and invalid if presented, report any prior cashing, booking, or deposit activities, and formally record the instrument number in their systems to prevent future transactions. The directive includes detailed breakdowns of the payment's underlying health ministry subsidies and mandates strict compliance to mitigate unauthorized financial exposure.
Palestine Monetary Authority
PALESTINE MONETARY AUTHORITY
Circular No. (2020/108)
To all banks operating in Palestine
Date: Wednesday, May 27, 2020
Subject: Government Payment Authorizations
Attached is a letter from the Chief Accountant / General Directorate of the Chief Accountant at the Ministry of Finance and Planning regarding Government Payment Authorization No. (836). Please take the necessary measures to implement the contents of the attached letter.
Supervision Department
Palestine Monetary Authority
Ramallah & Al-Bireh Governorate - Palestine P.O. Box 452 info@pma.ps | Fax: +970 2 2415310 | Tel: +970 2 2415251 Gaza - Palestine P.O. Box 4026 Fax: +970 8 2844487 | Tel: +970 8 2825713 www.pma.ps
State of Palestine
Ministry of Finance and Planning
General Directorate of the Chief Accountant
Commercial and Financial Instruments Unit
To: Palestine Monetary Authority
Greetings and regards...
Subject: Government Payment Instrument No. 836 for an amount of 390,272.5 NIS with a maturity date of 2020/05/10
Beneficiary: European Medical Analysis Laboratory Company
With reference to the above subject, please circulate to the banks instructions not to cash the aforementioned instrument if presented by them, and to consider it void and invalid if found. Furthermore, please provide us with the banks' responses regarding whether it has previously been cashed, booked, or deposited with them, and confirm that the instrument number has been recorded in their systems to prevent future cashing.
Chief Accountant
Ahmed Al-Sabah
Tel: 02-2978807
Telephone: 02-2978807
State of Palestine
Government Payment Instrument
Date of Issue: 15/07/2019
Maturity Date: 10/05/2020
Payment under this instrument to the order of: (European Medical Analysis Laboratory Company) Licensed Operator No.: 562518415 Amount: 390,272.50 New Shekels Instrument No.: 836 Note: Three hundred and ninety thousand, two hundred and seventy-two and 50/100 New Shekels
Signature B
Signature C
This instrument may only be endorsed to banks operating in the State of Palestine and licensed by the Palestine Monetary Authority
State of Palestine
State of Palestine
Government Payment Instrument
Date of Issue: 15/07/2019
Maturity Date: 10/05/2020
Payment under this instrument to the order of: (European Medical Analysis Laboratory Company) Licensed Operator No.: 562518415 Amount: 390,272.50 New Shekels Instrument No.: 836 Cashed: 40/11300000/19/00755 Note: Three hundred and ninety thousand, two hundred and seventy-two and 50/100 New Shekels
Signature B
Signature C
This instrument may only be endorsed to banks operating in the State of Palestine and licensed by the Palestine Monetary Authority
| Account Name | Account | Ministry Name | Ministry / Institution | Amount NIS |
|---|---|---|---|---|
| Ministry of Health Medical Subsidies (External) | 224109 | Service Procurement Department | 1008001 | 194,703.50 |
| Ministry of Health Medical Subsidies (External) | 224109 | Service Procurement Department | 1008001 | 67,377.00 |
| Ministry of Health Medical Subsidies (External) | 224109 | Service Procurement Department | 1008001 | 19,191.50 |
| Ministry of Health Medical Subsidies (External) | 224109 | Service Procurement Department | 1008001 | 52,286.00 |
| Ministry of Health Medical Subsidies (External) | 224109 | Service Procurement Department | 1008001 | 79,132.00 |
| Ministry of Health Medical Subsidies (External) | 224109 | Service Procurement Department | 1008001 | -18,949.90 |
| Ministry of Health Medical Subsidies (External) | 224109 | Service Procurement Department | 1008001 | -548.60 |
| Ministry of Health Medical Subsidies (External) | 224109 | Service Procurement Department | 1008001 | -1,739.50 |
| Ministry of Health Medical Subsidies (External) | 224109 | Service Procurement Department | 1008001 | -150.00 |
| Ministry of Health Medical Subsidies (External) | 224109 | Service Procurement Department | 1008001 | -1,049.50 |
Purpose: Current Expenses
Issued by
ID No. 940695133
Signature
002192
14.2001
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Source: Palestine Monetary Authority — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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