In reference to the Central Bank's instructions communicated via Circular No. 29811/67 dated 11/05/1440 H regarding the requirement for the customer to sign only once on the last page of the bank account opening agreement instead of signing each page, as per specified regulations. It has been observed that some banks and financial institutions are requiring the customer to sign each page of the account opening agreement, which does not align with these instructions, as reported to the Central Bank by various banks and financial institutions.

Therefore, the Central Bank emphasizes that all banks and financial institutions operating in the Kingdom must adhere to the aforementioned instructions. It is also important for relevant departments to educate branch staff that the customer needs to sign only once on the last page of the bank account opening agreement. Please note that the Central Bank will take legal action if there is non-compliance.