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300.1.6.7 Bank Accounts of Committees of Friendship and Foreign Official Relationships of Saudi Arabia

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

Effective from Jan 01 2024 - Dec 31 2023
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Bank accounts shall be opened for such committees according the following controls: 
 
1.An official directive from the Minister of Foreign Affairs approving the establishment of the committee.
 
2.A direction from SAMA to the bank, stating the name and purpose of the account and the names of persons authorized to manage the account.
 
3.Copies of the IDs of the authorized persons or a letter from the Ministry of Foreign Affairs containing their personal data.