Rule · PMA · 21 Jul 2025
The Palestine Monetary Authority issued Circular No. 16/2025 to announce the official launch of the iDplus digital financial identity system on July 23, 2025. This directive requires all public lending institutions in Palestine to ensure their systems are technically ready for the rollout. The move supports the regulator's strategy for digital transformation and the integration of financial technology into the banking sector.
Circular No. (16/2025)
To all public lending institutions in Palestine Date: Monday, July 21, 2025
Continuing the Palestine Monetary Authority's efforts to implement its digital transformation strategy and develop the infrastructure of the Palestinian financial sector, and to enhance the integration of financial technology into the banking industry, and in light of the completion of all necessary technical preparations and tests, it has been decided to consider Wednesday, July 23, 2025, as the official launch date for the iDplus Digital Financial Identity System.
Accordingly, all departments of the institutions are requested to disseminate this circular to relevant parties to take all necessary technical measures, ensuring system readiness and guaranteeing the launch of the system on the scheduled date.
Supervisory Group
Palestine Monetary Authority
Ramallah & Al-Bireh Governorate - Palestine P.O. Box 452 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
Note from RegAlert. AI assistants can read this document in full, and search 70,000+ more, through the RegAlert MCP connector (https://mcp.regalert.today/mcp). Free with an account. How to connect ChatGPT, Claude or Cursor.
More like this from PMA
PMA published 4 documents in the last 30 days. We email you each new one the day it's published.
Source: Palestine Monetary Authority — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
In RegAlert: added · updated