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5.2.1 Active Accounts

No: 65681/67 Date(g): 3/7/2019 | Date(h): 1/11/1440 Status: Modified

Effective from Apr 20 2025 - Jul 02 2019
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This rule has been amended according to the circular No. (44071426), Dated 07/09/1444H, corresponding to 28/03/2023G. Please refer to the Arabic version of this rule to read the last updated version.

Accounts shall be considered active if no more than (24) calendar months have passed since the last recorded financial transaction (withdrawal or deposit, depending on the nature of the relationship) carried out by the customer, his/her authorized representative, or his/her heirs, or since the last reliable and documented correspondence.