The Palestine Monetary Authority has launched the Instant Payment System (IBURAQ) between banks and electronic wallets. We are pleased to offer this service to our valued customers through the Aqari Banking App, enabling users to make instant transfers and payments. The transferred amount is credited to the beneficiary's account, and the payer receives a confirmation notification within no more than 10 seconds.

• The service is instant and free of charge. It supports local transfers within Palestine only, including the southern governorates (Gaza Strip).
• The service is available through the Aqari Banking App or via Internet Banking.
• Transfer Limits:

  Single Transaction Limit	Daily Limit	Monthly Limit
  10,000 USD or its equivalent in other currencies	30,000 USD or its equivalent in other currencies	50,000 USD or its equivalent in other currencies

• The service is available 24 hours a day, 7 days a week.
• The service is available to individual customers, business customers, and companies.
• You can make transfers using either the IBAN or the mobile number, provided the mobile number has been registered on the IBURAQ platform.
• The service supports transfers in all available currencies. If the source account is in a different currency, the required currency conversion will be performed automatically to complete the transaction.