The Palestinian Authority plans to establish a bank to enable it to transfer payments to Palestinian prisoners and the families of shaheeds

The Commander of the IDF’s Central Command issued an order on May 9, 2020, banning the provision of banking services in Judea and Samaria to Palestian terrorist prisoners and the families of shaheeds. A number of Palestinian and Arab banks announced they were freezing the activity of the accounts of the prisoners and the families of shaheeds. Their announcement led to a wave of violent protests against several bank branches in Judea and Samaria. Pressured by the Palestinian Authority (PA), the banks agreed to reverse the freeze until the matter could be regulated legally. To that end the PA appointed a committee to examine solutions that would protect both the payments of the salaries and the banks, and ensure the continued transfer of funds by the PA.

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