Instruction Not to Seize Alimony Payments Made by the Alimony Fund
| No: 42042799 | Date(g): 4/2/2021 | Date(h): 22/6/1442 | Status: In-Force |
Translated Document
SAMA has received a letter from the Ministry of Justice regarding the exemption of amounts deposited from the Alimony Fund into the bank accounts of beneficiaries. The funds that the competent court orders to be disbursed to the beneficiary are originally intended for the family and do not fall within the debtor's assets. The fund pays these amounts during the litigation period until they are recovered from the obligor.
Therefore, SAMA emphasizes to all banks operating in the Kingdom not to seize or enforce any amounts deposited from the Alimony Fund for beneficiaries. Please note that you will be provided via email with the identification code for the "SARIE" system to recognize these transfers and distinguish them from other transfers.
Please refer to the attached table in SAMA's circular No. (43043372), dated 15/05/1443H, corresponding to 19/12/2021G, to view the list of amounts exempt from seizure.