Further to the instructions of SAMA communicated by Circular No. (42015322) dated 11/03/1442 H, regarding the assignment of banks to receive and replace damaged banknotes from beneficiaries after ensuring their safety from counterfeiting, and the need for banks to provide sound and valid banknotes, and based on SAMA's keenness to withdraw banknotes that are not valid for circulation, SAMA emphasizes that all cash categories must be replaced according to the mechanism specified to accept and replace damaged cash provided by beneficiaries, as follows:

1. It must be one of the circulating Saudi monetary issues, and the replaced banknote must be clearly marked, and its area must not be less than 60% of the size of the original note.
    
2. The two signatures (Minister of Finance and Central Bank Governor) or the two serial numbers should not be missing.
    
3. It should not be damaged by deliberate causes, or glued to parts of different banknotes.
    
4. Damaged banknotes must be presented to a SAMA Branche by the holder in the following two cases:
              A - The banknote's features are not clear as a result of exposure to fire or other factors such as corrosion, washing, exposure to chemicals, or security inks.
            B - If the amount of compensation exceeds ten thousand riyals.

Therefore, I hope to emphasize to all banks  branches, and cash centers to circulate sound cash, withdraw damaged and invalid cash from circulation, and coordinate with SAMA branches to deposit them, noting that SAMA will follow up the commitment of banks to implement the above-mentioned procedures for replacing damaged cash, and take regular measures in case of non-compliance. Emphasizing that the instructions contained in this circular replace the previous instructions contained in the above-mentioned circular issued regarding the replacement of damaged Saudi banknotes with the number (42015322) dated 11/03/1442 H.

For your information and action accordingly.