Regulatory Alerts2010-01-01
Lending-2010 Circular No. 103 Credit Inquiry Fees
The Palestine Monetary Authority issued Circular No. 103 (2010) to implement a new fee structure for credit information system inquiries, effective July 5, 2010. The directive mandates a $0.65 charge per successful inquiry for all lending institutions, alongside a $300 monthly subscription fee for those conducting fewer than 350 inquiries monthly. All institutions must settle outstanding fees by the end of September 2010 into a designated central bank account.
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