A member bank is required to pay membership fees on a
quarterly basis. The membership fee is equal to 0.2% of the average balance of
total value of the bank’s deposits subject to PDIC Law. The Board of
Directors may adjust an individual banks percentage fee based on the bank’s
risk ranking according to previously agreed criteria with the PMA and the
Association of Banks in Palestine (ABP), pursuant to instructions issued in
that respect. The BOD may also revise and amend annual membership percentages
and adopt a new fee- calculation method.
