2. General Provisions
| No: 43076917 | Date(g): 5/4/2022 | Date(h): 4/9/1443 | Status: In-Force |
Translated Document
Effective from Jul 01 2022 - Jun 30 2022
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2.1. These instructions aim to establish the minimum requirements that financing entities must adhere to when handling promissory notes.
2.2. These instructions do not override the provisions set forth in related instructions, including but not limited to the following:
- Controls and Procedures for Customer Collections issued under Central Bank Circular No. (39100008334) dated 26/07/1439 H.
- Model Form for Vehicle Leasing Contracts for individuals issued under Central Bank Circular No. (41038534) dated 01/06/1441 H.
- Model Form for Real Estate Financing Contracts in the Murabaha format for individuals and the Ijara format for individuals issued under Central Bank Circular No. (41038504) dated 01/06/1441 H.
- Rules for Delegating Tasks to Financing Companies issued under Central Bank Circular No. (65338/99) dated 07/05/1440 H.
- First Update to the Instructions for Delegating Tasks to Third Parties issued under Central Bank Circular No. (41027017) dated 18/04/1441 H.
- Controls for Customer Signatures on Blank Promissory Notes issued under Central Bank Circular No. (271000000743) dated 19/12/1427 H.
- Central Bank Circular No. (41044391) dated 25/06/1441 H concerning the "Nafez" electronic platform approved by the Ministry of Justice.
- Central Bank Circular No. (41045412) dated 01/07/1441 H concerning the "Nafez" electronic platform approved by the Ministry of Justice.