The current mechanism for handling Saudi currency, as agreed upon between the General Customs Authority and SAMA in the coordination and cooperation record dated 10/4/1435H, shall continue. According to this mechanism, customs employees at King Fahd Causeway are responsible for sealing the Saudi currency transported through the customs for banks and exchange companies, and then sending it to SAMA branch in Dammam for inspection, as follows:

1. A financial declaration form for the cash amounts (entry) is filled out electronically using the automated financial declaration system. The form indicates the number of containers or packages received, the sequence of their seal numbers, and the total amount sent.
    
2. The financial declaration form is faxed from the King Fahd Causeway customs to SAMA branch in Dammam, and a copy is handed over to the bank representative or the exchange company.
    
3. Upon deposit at SAMA branch, the number of packages and the customs seal numbers provided in the letter of King Fahd Causeway customs is verified by the Treasury Division at SAMA branch in Dammam. The cash packages are then reviewed and accepted under counting and are set aside with the customs letter until they are counted and verified for accuracy.
    
4. King Fahd Causeway customs will be notified by SAMA branch in Dammam in the event of any unusual discrepancy, such as a mismatch between the declared amount and the received funds, concerns about the currency's condition, the failure of the funds to arrive as per the customs letter sent by fax to SAMA branch, or delays in delivering the funds to SAMA.
    

Additionally, King Fahd Causeway customs will receive a letter from SAMA branch when local banks request to export financial amounts abroad after sealing them in a container or package, detailing the amount and seal numbers. A copy of this letter will be faxed simultaneously to King Fahd Causeway customs and the bank representative.

After completing the approved immediate clearance procedures at King Fahd Causeway Customs, the following steps are taken:

1. The Gulf vehicles transporting foreign currency are sealed with a metal seal by the customs officer.
    
2. A letter is signed by King Fahd Causeway Customs addressed to SAMA branch in Dammam, with a copy sent to the benefiting bank or exchange company.
    
3. The vehicles are allowed to depart to the cash centers of banks and exchange offices. If the vehicle is armored, approval from the General Customs Authority is required, as its entry is restricted.
    
4. In the case of discovering counterfeit currency, SAMA branch in Dammam is notified, which in turn informs King Fahd Causeway Customs and returns the counterfeit amounts to the customs for necessary legal procedures.
    
5. SAMA branch in Dammam is notified, and it will officially inform King Fahd Causeway Customs in case of any unusual violation, such as a discrepancy between the declared and received amounts, the condition of the currency, failure of the amounts to arrive as indicated in the customs letter sent by fax to SAMA, delays in receiving the amounts, or any other reasons.

1. Gulf vehicles transporting foreign currency into the Kingdom must comply with the technical specifications for the armoring of cash transport vehicles as outlined in the implementing regulations issued by Ministerial Decision No. (4814) dated 09/10/1433H. These specifications pertain to the Transporting Cash, Precious Metals, and Negotiable Instruments Law, issued under Royal Decree No. (81/M) dated 18/10/1428H.
    
2. Entities importing Saudi and foreign currencies (banks/exchange offices) are required to deploy an armed security escort vehicle to accompany the Gulf vehicle transporting foreign currency. The security vehicle must belong to an entity licensed to operate in transporting cash, precious metals, and negotiable instruments, and should be stationed outside the customs area awaiting the foreign currency transport vehicles for escort.