Regulatory Alerts2022-06-22
Added · Updated
Circular to Licensed Exchange Companies Regarding Import and Export of Foreign Currency Notes, Coins, and Precious Metals
The Central Bank of Jordan requires licensed exchange companies to attach approvals issued by the Central Bank when dealing with external parties regarding the import and export of foreign currency notes, coins, and precious metals. This directive applies during the clearance of incoming or outgoing shipments and enforces compliance with the 2021 Instructions on Declaration of Cash and Negotiable Instruments across Borders.
Central Bank of Jordan
Reference No.: 9912 Date: 23/12/1443 AH Corresponding to: 22/6/2022 AD
Circular to Licensed Exchange Companies
Subject: Import and Export of Foreign Currency Notes, Coins, and Precious Metals
Greetings,
In light of the issuance of the "2021 Instructions on Declaration of Cash and Negotiable Instruments across Borders," published in the Official Gazette No. (5757) dated 16/11/2021, and in application of the legislation concerning the import and export of foreign currency notes, coins, and precious metals, we emphasize the necessity of complying with attaching approvals issued by the Central Bank of Jordan when dealing with any external parties in the field of importing and exporting foreign currency notes, coins, and precious metals during the clearance of incoming/outgoing shipments.
Please accept our highest regards,
The Governor Dr. Adel Al-Sharkas