Issuing Instructions to Current Account Staff to Take all Necessary Personal Information from the Bank's Customers
| No: 406/BC/35 | Date(g): 26/12/1978 | Date(h): 27/1/1399 |
Re our circular No. BC/204 dated 16-4-98 H, regarding procedures and instructions related to the careful examination of checks, verifying the identity of its holder when presented for cashing and recording the number and issuance date of his passport or ID,
SAMA has received the letter of HE the Minister of Finance & National Economy No. 36/99 dated 6-1-1399H requesting the notification of banks to take all the necessary personal information about their clients to be available to the concerned authorities if and when needed,
Hence, SAMA calls on you to issue instructions to your current accounts staff to take all the necessary personal information about the clients and to provide SAMA with a copy of this information.