Bank Accounts for Members of Displaced Tribes with Expired Residency
| No: 686210000067 | Date(g): 17/7/2019 | Date(h): 15/11/1440 |
Effective from 2019-07-17 - Jul 16 2019
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In reference to the telegram from His Royal Highness the Minister of Interior No. 206572 dated 18/09/1440 H, which includes permission to reactivate bank accounts for bank customers from the displaced tribes whose residency has expired, who work in the public and private sectors, according to specified regulations.
Exceptionally from Rule No. (200-1-4) concerning Tribe Members: Displaced Tribes/Ar Rub' Al-Khali Tribes, as outlined in the rules on bank accounts issued by Circular No. 65681/67 dated 01/11/1440 H, which states: "Bank accounts for these individuals residing in the Kingdom shall be opened for the duration of their residency, and banks must obtain a residency identification document...", the following has been decided:
First: Individuals from the displaced tribes who receive monthly salaries deposited into their bank accounts for their work in government entities are allowed to conduct all banking operations on these accounts.
Second: Individuals from the displaced tribes who receive monthly salaries deposited into their bank accounts for their work in the private sector or government assistance are permitted to perform only two cash withdrawal transactions for these deposits each month.