Palestinians in Gaza say bank account closures cut off access to vital funds

Palestinians in Gaza say bank account closures cut off access to vital funds Submitted by Fayha Shalash on Fri, 06/19/2026 - 16:35 Palestinians say they have been cut off from salaries, savings and aid after accounts were frozen or closed without warning A Palestinian street vendor sells bread at a market in Jabalia in the northern Gaza Strip, on 27 February 2025 (Omar al-Qattaa/AFP) Off Palestinians in war-ravaged Gaza have accused the Bank of Palestine of freezing or closing their accounts without adequate explanation, leaving them unable to access salaries, aid and personal savings. Several account holders told Middle East Eye they were unable to access funds needed to pay rent, buy essentials and support their families after discovering their accounts had been restricted or shut down. They said they received little or no explanation from the bank and were given no clear pathway to challenge the decisions.