Rule · PMA · 17 Sep 2023
The Palestine Monetary Authority, pursuant to a directive from the Ministry of Finance and Planning, issued Circular No. 196/2023 instructing all banks operating in Palestine to immediately cease disbursement of Government Bond No. 4424 issued to Bioline Medical and Laboratory Supplies Company. Banks are mandated to treat the 346,546.80 NIS instrument, printed on December 26, 2021, as void upon presentation and must notify the Ministry if the physical document is located. This administrative suspension formally invalidates the lost financial instrument to prevent unauthorized claims or fraudulent processing.
[Logo of the Palestine Monetary Authority]
Palestine Monetary Authority
PALESTINE MONETARY AUTHORITY
Circular No. (196 / 2023)
To all banks operating in Palestine
Date: Sunday, September 17, 2023
Subject: Lost Government Bond
Attached is a letter from the Acting Director General of Payments at the Ministry of Finance and Planning regarding the non-disbursement of Government Bond No. (4424). Please take the necessary measures to implement the instructions contained in the attached letter.
[Stamp: Supervision Group - Palestine Monetary Authority]
Copy: Respected Ministry of Finance and Planning.
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State of Palestine
Ministry of Finance and Planning
General Administration of Payments
State of Palestine
Ministry of Finance and Planning
General Administration of Payments
Date: 2023/6/9
Number: ....................
To: Palestine Monetary Authority
Greetings,
Subject: Lost Government Bond for Bioline Medical and Laboratory Supplies Company
With reference to the above subject, please issue a circular to banks instructing them not to disburse Bioline Medical and Laboratory Supplies Company Government Bond No. (4424), printed on 2021/12/26, maturing on 2023/2/19, with a value of (346,546.80) NIS, and to consider it void if presented. Please notify us if it is found.
Yours sincerely,
Basem Nazal
Acting Director General of Payments
[Signature]
Attached: Bond images
[Stamp: Ministry of Finance - General Administration of Payments - 13-09-2023 - Issued]
Tel.: 02-2978835 - 18 - 02-2978835 :
Fax: 02-2978838 02-2978838 :
P.O.BOX 795 - Ramallah P.O.BOX 795 - Ramallah
State of Palestine
Government Payment Bond
Bioline Medical and Laboratory Supplies Company
Issue Date: 26/12/2021
Maturity Date: 19/02/2023
Pay to the order of:
Licensed Nursery No.: 562466151
Amount: 346,546.80 New Israeli Shekels
In Words: Three hundred forty-six thousand five hundred forty-six and 80/100 New Israeli Shekels Bond No.: 1091
[Signature A] [Signature B] [Signature C]
[Stamp: Ministry of Finance - 2016]
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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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