In recent days, thousands of Palestinians in Gaza have reported that Bank of Palestine has closed or frozen their accounts, leaving them unable to access banking services. These actions, taken without prior notice, have made it difficult for many to access their money and manage daily financial transactions.
According to reports, not only bank accounts but also some electronic wallets were simultaneously disabled. As a result, many people have completely lost their purchasing power in an environment where cash flow is already limited.
Wide-ranging impact
Complaints indicate that the measures have affected employees, shopkeepers, lawyers, currency exchange owners, and ordinary families alike. Some users stated that both their bank accounts and digital wallets such as Pal Pay and Jawwal Pay were closed simultaneously.
This situation has made it even harder for families in Gaza—where access to basic necessities is already difficult—to shop and cover daily expenses. Some victims reported that they have not received clear explanations for why their funds were frozen.
Expectations for a bank statement
Some individuals whose accounts were disabled said that when they contacted bank branches or staff, the issue was described only as an "administrative procedure." However, this response has increased anxiety rather than alleviating uncertainty.
It was noted that such measures are not new in Gaza, with similar complaints having arisen during the ongoing conflict. Critics argue that these decisions affect a broad segment of the population and further destabilize the financial system.
Strong reaction on social media
Social media users have called on the bank management and relevant authorities to provide explanations under protest hashtags. Posts have emphasized the immediate cessation of account freezes and the need to address the grievances of those affected.
Some users highlighted the limited financial alternatives available to Palestinians, stressing that the impact of this decision is far-reaching. Consequently, attention is focused on official statements expected from the bank and related authorities.
