Book traversal links for عدم حجز المبالغ التي يتم ايداعها من صندوق النفقة للمستفيدين
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 |
Effective from 2021-02-04 - Feb 03 2021
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I would like to inform you that the Central Bank 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, the Central Bank emphasizes to all banks and financial institutions 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 "SAREE" system to recognize these transfers and distinguish them from other transfers.
Please refer to the attached table in the circular No. (43043372), dated 15/05/1443 AH, corresponding to 19/12/2021 AD, to view the list of amounts exempt from seizure.