Skip to main content

Article Two: Purpose and Scope

No: 45059688 Date(g): 24/3/2024 | Date(h): 15/9/1445 Status: In-Force

Translated Document

  1. These rules aim to provide a general framework for savings products offered by banks, which contributes to encourage them to launch savings products and stimulate customer benefits from them.
  2. These rules apply to all banks when presenting and offering savings products to their customers.
  3. These rules do not override the provisions stated in the relevant regulations, instructions, and instructions issued by SAMA.