Instructions No. 19 of 2023 Regarding Banking Fees and Commissions

Palestine Monetary Authority

Instructions No. (19) of 2023
Regarding Banking Fees and Commissions

Pursuant to the provisions of Decision-Law No. (9) of 2010 regarding Banks, particularly Articles (40 and 72) thereof, and after reviewing Instructions No. (4) of 2023, in accordance with the powers delegated to us, and in pursuit of the public interest, we have issued the following Instructions:

Article (1)
Definitions
The following words and expressions shall have the meanings assigned to them below, unless the context indicates otherwise:
Original Instructions: Instructions No. 4 of 2023 regarding Banking Fees and Commissions.

Article (2)
Implementation of Article (5) Provisions
The implementation of the provisions of Article No. (5) of the Original Instructions is deferred until 30/6/2024, provided that Instructions No. (6) of 2021 regarding the deposit commission for the Israeli Shekel currency shall apply.

Article (3)
The repeal of Instructions No. (6) of 2021 regarding the deposit commission for the Israeli Shekel currency, as stipulated in Article (16) paragraph (3) of the Original Instructions, is deferred until 30/6/2024.

Issued in Ramallah, dated 31/12/2023.

Dr. Firas Melhem
Governor
[Signature]

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