RegAlertRule · CBJ · 7 Nov 2016
Circular No. 9-2-7-7689 Regarding Services Provided to Expatriate Workers
The Central Bank of Jordan mandates that licensed exchange companies must verify valid work permits and certified identity documents before allowing expatriate workers to transfer funds outside the Kingdom. This requirement enforces compliance with Anti-Money Laundering and Combating the Financing of Terrorism Instructions and reiterates obligations from Circular No. 6892/14/3/9 dated June 8, 2015. The directive applies specifically to licensed exchange companies operating under the Central Bank's jurisdiction.
[Logo of the Central Bank of Jordan] [Logo of the Great Arab Revolt Centenary]
Number: 7689 / 2 / 9
Date: 8 / 8 / 1437 AH
Corresponding to: 15 / 5 / 2016 AD
Circular to Licensed Exchange Companies
Subject: Services Provided to Expatriate Workers
Greetings,
With reference to the above subject, and subsequently to our Circular No. (6892/14/3/9) dated 2015/6/8 regarding the same.
I emphasize the necessity to comply with the content of the aforementioned circular by taking all necessary measures to ensure that expatriate workers are not permitted to transfer funds outside the Kingdom unless they present a valid work permit, along with certified identity proof documents, which must be verified in accordance with the procedures stipulated in the effective Anti-Money Laundering and Combating the Financing of Terrorism Instructions for exchange companies, as well as other circulars issued by the Central Bank regarding this matter.
Please accept the highest assurances of respect,
The Governor
Dr. Ziad Faris
--- www.cbj.gov.jo Email: info@cbj.gov.jo ---
Note from RegAlert. AI assistants can read this document in full, and search 70,000+ more, through the RegAlert MCP connector (https://mcp.regalert.today/mcp). Free with an account. How to connect ChatGPT, Claude or Cursor.
Similar documents from other regulators
CBLCentral Bank of Libya Circular 13/2017: Executive Procedures and Controls for Transferring Expatriate Workers' Salaries in Foreign CurrencyLibya · 2023-07-12
BOIManagement of Anti-Money Laundering and Countering Financing of Terrorism RisksIsrael · 2022-12-01
More like this from CBJ
CBJ published 3 documents in the last 30 days. We email you each new one the day it's published.
Source: Central Bank of Jordan — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
In RegAlert: added · updated