Enable the Mothers to Open Sub-Bank Accounts Linked to Their Main Account for Their Minor Children
| No: 42068294 | Date(g): 5/5/2021 | Date(h): 24/9/1442 | Status: In-Force |
Translated Document
Based on SAMA's keenness to provide banks various banking services that meet all customer needs, and with the aim of contributing to enabling mothers to manage their children's affairs, SAMA emphasizes the availability of opening sub-accounts under the main mother's account, designating these accounts in the name of the minor and for their benefit.
For your information and action accordingly as of its date.