Regulatory Alerts2024-07-10
Added · Updated
Memorandum to Licensed Banks No. 11-2024
The Central Bank of Jordan requires licensed banks to ensure cash batches are deposited before 2:00 PM, as no armored vehicles are permitted entry after this time. Banks must submit withdrawal requests via fax at least one business day in advance, with non-compliant requests being rejected. Additionally, banks must sort banknotes by condition and issue, process coins by denomination in separate bags, and attach accurate information cards to all cash bundles and packets before deposit.
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