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Article 48

Date(g): 13/6/2023 | Date(h): 25/11/1444 Status: In-Force

Translated Document

Effective from Jun 13 2023 - Jun 11 2023
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 1.The licensed bank providing relevant payment services shall be exempted from the requirement to apply for a license under the Regulation.
 2.SAMA shall determine the provisions with which the licensed bank shall comply when providing the relevant payment services with regard to the provisions of these Regulations, in accordance with its nature and without prejudice to the objectives of the Law and the Regulations.