Regulatory Alerts2013-06-05
Added · Updated
Circular Regarding Remittance Commissions
The Central Bank of Jordan mandates that licensed exchange companies must clearly announce and disclose their commission rates for all banking services, including those charged by foreign correspondents, to customers. This requirement applies to all current rates and any subsequent amendments, utilizing all disclosure methods that ensure the information reaches the customer. The directive was issued by Governor Dr. Ziad Fariz on June 5, 2013.
Topics
Share