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2.13.1 Regulated financial institutions

No: BCT/15631 Date(g): 2/5/2012 | Date(h): 11/6/1433 Status: In-Force

A closed loop prepaid payment service Operator must be a bank in the Kingdom of Saudi Arabia that is permitted to accept deposits, according to the Banking Control Law, issued by Royal Decree, No. M/5 Dated 22.2.1386 H.