As part of a program launched by the Palestine Monetary Authority (PMA) in 2012 in cooperation with the Bank of Palestine, every Palestinian citizen can open a bank account in the Bank of Palestine. The bank account will enable all citizens in Palestine to have access to all sorts of banking services provided by banks operating in Palestine.

Features of the Bank Account

  • It entails a monthly account management commission - $2 per month 
  • No charge
  • No minimum balance
  • Enhancement of financial inclusion for all segments of the Palestinian society
  • Benefiting from basic banking services and products, including e-services,  provided by banks commensurate with the needs of customers and at reasonable cost

Terms for Opening a Bank Account

  • The opening of the account must be coupled with the issuance of a Clasic Debit Card