Regulatory Alerts2025-01-01
Circular No. 7/2025: Summer Time in Palestine
The Palestine Monetary Authority issued Circular No. 7/2025 to all payment service companies operating in Palestine. The directive mandates the commencement of summer time on Saturday, April 12, 2025, requiring clocks to be advanced by 60 minutes. This change is implemented pursuant to the National Payments Law No. 41 of 2022 and a decision by the Council of Ministers.
Palestine Monetary Authority
PALESTINE MONETARY AUTHORITY
Circular No. (7 / 2025)
To all payment service companies operating in Palestine
Date: Thursday, March 27, 2025
Subject: Summer Time in Palestine
Based on the provisions of Law No. (41) of 2022 concerning National Payments, and based on a decision by the esteemed Council of Ministers, we inform you of the commencement of summer time in Palestine effective from the morning of Saturday, April 12, 2025, by advancing the clock hands by (60) minutes.
Supervision Group Palestine Monetary Authority
Note:
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Ramallah & Al-Bireh Governorate - Palestine P.O. Box 452
Postal code: P6160675 | Postal code: P6160675
Tel: +970 2 2415251 | Tel: +970 2 2415251
Fax: +970 2 2415310 | Fax: +970 2 2415310
info@pma.ps