Activation of E-Services for Bank Accounts of Government Entities
| No: 166000000041 | Date(g): 19/5/2018 | Date(h): 5/9/1439 | Status: In-Force |
Translated Document
SAMA received a letter from His Excellency the Undersecretary of the Ministry of Finance for Financial Affairs and Accounts No. 86373 dated 15/08/1439 H, which includes the Ministry of Finance's approval to provide electronic banking services directly to all governmental entities without requiring approval for each case separately. This is in line with the Ministry's efforts to facilitate and expedite the work for these entities. These services are to be provided in accordance with the following:
| 1- | Banking transactions will be conducted through electronic services based on joint orders from authorized signatories according to the approved levels of security. |
| 2- | The services provided to governmental entities will include: (inquiries, internal transfers, and payment of utility bills). |
| 3- | Compliance with the instructions issued in this regard, especially the rules governing electronic banking services. |