3. Definitions
No: 46010824 | Date(g): 23/8/2024 | Date(h): 18/2/1446 | Status: In-Force |
Effective from 2024-08-23 - Aug 22 2024
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The following terms and phrases, whenever they occur in these instructions, shall have the meanings assigned thereto unless the context requires otherwise:
Term | Definition |
SAMA | Saudi Central Bank. |
Instructions | Instructions for ATMs Located Outside Bank Branches. |
Bank | The bank licensed to conduct banking activities in the Kingdom in accordance with the provisions of the Banking Control Law. |
Branches | Comprehensive branches that provide a full range of banking services, as well as other branch models that offer basic banking services, including account openings, cash deposits, cash withdrawals, money transfers, and others. |
ATMs associated with branch licenses | ATMs located within the bank branch premises, subject to its license, providing cash withdrawals and/or cash deposits, as well as other services such as balance inquiries, mini-statements, bill payments, money transfers, and others. |
ATMs | ATMs located outside the bank branch premises, operating under separate licenses independent of the branch licenses, providing cash withdrawals, as well as other services such as balance inquiries, mini-statements, bill payments, money transfers, and others. |
Cash Acceptance Machines | Cash Acceptance Machines located outside the bank branch premises, operating under separate licenses independent of the branch licenses, and providing cash deposit services exclusively for certain corporate bank customers. |
Vehicle-mounted ATMs | ATMs located outside the bank branch premises, operating under separate licenses independent of the branch licenses, and providing cash withdrawal services as well as other banking services through vehicle-mounted ATMs. |
Shomoul | A Geographic Information System managed by SAMA, allowing member banks to input the locations of their ATMs along with their full data. |