The Palestinian Monetary Authority Opens Public Consultation on Draft Decree-Law On Reducing Cash Use in Palestine

Palestine’s financial conversation is turning from cash in hand to cash in code. The Palestine Monetary Authority (PMA) has opened public consultation on the draft Decree-Law on Reducing Cash Use in Palestine (2025). 

This proposal would set a 20,000-shekel cap on cash transactions and expand the use of electronic payment systems across the economy.

The draft law aims to reduce the use of cash in transactions and manage pertinent risks, while promoting non-cash payment methods such as bank transfers, payment cards, and electronic wallets. The PMA, in coordination with the Ministry of Finance and relevant authorities, would be authorized to adjust the cash ceiling, set temporary or sector-specific limits, define exemptions, and issue the necessary implementing instructions.

All government bodies, financial institutions, and service providers would be required to conduct transactions exceeding the cash limit through non-cash means, and to maintain proper records of these transactions. The draft also specifies exceptions for social assistance and charitable payments in cases where non-cash options are not accessible.

The PMA is now calling on the public including individuals, business owners, and institutions alike, to share their views and suggestions on the draft law through its website by November 30, 2025. This is a valuable chance to weigh in on how Palestine shapes its next chapter in financial reform. Less cash, more clarity.

Kurdi & Co. continues to monitor this key development in Palestine’s financial landscape. If you have questions or want to explore how this draft law might impact you or your business, reach out to our team.