Regulatory Alerts2020-01-01
Circular No. 2020/191: Electronic Banking Services
The Palestine Monetary Authority issued Circular No. 2020/191 requiring all banks operating in Palestine to continue waiving fees and commissions on electronic banking and ATM services. This directive extends previous mitigation measures from March 2020 to address ongoing health crisis conditions. Banks must maintain these fee waivers until the regulator issues new instructions on the matter.
Palestine Monetary Authority
PALESTINE MONETARY AUTHORITY
Circular No. (2020/191)
To all banks operating in Palestine
Date: Wednesday, October 07, 2020
Subject: Electronic Banking Services
Following Instructions No. (2020/04) dated 2020/03/15 regarding the Palestine Monetary Authority's measures to mitigate the impacts of the health crisis, and given the continuation of the current health conditions, banks are requested to continue waiving fees and commissions on electronic banking services and ATM services, until further instructions are issued on this matter.
Financial Stability Group
Palestine Monetary Authority
Note:
The text above is an extracted version of an official document issued by the Palestine Monetary Authority, translated into Arabic and formatted according to Markdown standards.
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