RegAlert

Rule · CBJ · 20 Jun 2021

Circular on the Extension of Savings Account Linked Prizes

consumer

The Central Bank of Jordan extends the period for granting prizes linked to savings accounts until the end of 2023, maintaining the terms and controls of circular No. 3808/5/27. All banks operating in the Kingdom are required to obtain prior approval from the Central Bank before advertising or promoting any prizes linked to account types.

JordanCentral Bank of Jordan

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

[Logo of the Central Bank of Jordan]

Reference No.: 3/27/9688
Date: 19/11/1442 AH
Corresponding to: 20/6/2021 AD

Circular to all banks operating in the Kingdom

Greetings,

With reference to our circular No. (3808/5/27) dated 10/3/2019 regarding "Prizes Linked to Savings Accounts" and circular No. (14218/3/27) dated 1/11/2020 regarding the extension of granting prizes until the end of 2021, we wish to inform you that the period for granting prizes linked to savings accounts has been extended until the end of 2023, under the same terms and controls stipulated in circular No. (3808/5/27) dated 10/3/2019. It is also mandatory for all banks to obtain prior approval from the Central Bank before proceeding to advertise and/or promote any of their prizes linked to all types of accounts.

Please accept our highest regards.

The Governor
Dr. Ziad Faris

P.O. Box 37, Amman 11118, Jordan • Phone: 4630301 • Fax: 4638889 • Website: www.cbj.gov.jo • Email: info@cbj.gov.jo Form (1/1/18/11)

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Central Bank of Jordan CircularNo. 27/5/3808 on Savings Account …2019 · CBJCentral Bank of Jordan Circular No. 27/5/3808 on Savings Account Prize Regulations (2019-03-10)Circular No. 14218/3/27 dated2020-11-01Not in RegAlertCircular No. 14218/3/27 dated 2020-11-01 — Not in RegAlertCircular No. 3808/5/27 dated2019-03-10Not in RegAlertCircular No. 3808/5/27 dated 2019-03-10 — Not in RegAlertCircular on the Extension ofSavings Account Linked Prizes2021-06-20 · this documentCircular on the Extension of Savings Account Linked Prizes (2021-06-20)
amendssupersedesissued underrefers todashed card: not in RegAlert (or proposed)arrows run from the older text to the one that changes it
The links and the sentences they come from (3)
Amends
  • Central Bank of Jordan Circular No. 27/5/3808 on Savings Account Prize Regulations2019 · CBJ

    “With reference to our circular No. (3808/5/27) dated 10/3/2019 regarding "Prizes Linked to Savings Accounts"”

  • Circular No. 14218/3/27 dated 2020-11-01Not in RegAlert

    “and circular No. (14218/3/27) dated 1/11/2020 regarding the extension of granting prizes until the end of 2021”

  • Circular No. 3808/5/27 dated 2019-03-10Not in RegAlert

    “With reference to our circular No. (3808/5/27) dated 10/3/2019 regarding "Prizes Linked to Savings Accounts"”

Timeline

This document amends: Central Bank of Jordan Circular No. 27/5/3808 on Savings Account Prize Regulations

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