Press Releases

Returned Checks Commissions
/ Categories: PMA

Returned Checks Commissions

Today, 08\08\2012 Ramallah- Palestine: Palestine Monetary Authority (PMA) issued a circular for all banks operating in Palestine, requested the non-deduction of any commission for the returned checks related to the accounts of public sector employees during the delay in salaries’ payment, except if the total value of returned checks during that period exceed their monthly salary. PMA took this step to facilitate banking transaction for public sector employees, because of the Palestine Authority (PA) financial crisis and its impact on the salaries’ payment for the public sector employees.
Previous Article Palestine Monetary Authority (PMA) Requested Banks not to Charge any Commissions for Returned Checks Because of the Delay in the Salaries’ Payment
Next Article سلطة النقد تطالب المصارف بضرورة ألاّ يزيد الخصم عن 70% من قيمة القسط المستحق على الموظفين الذين تم تحويل جزء من رواتبهم
Print
4227

Theme picker