Effective from Oct 06 2020 - Dec 31 2019 To view other versions open the versions tab on the right
8.1
Demand Deposits:
Represent non-special commission bearing customer deposits that have no maturity and can be withdrawn without prior notice. These deposits also include current accounts. If a bank does not pay any commission rate on the demand deposits, the balance should be calculated with 0% rate.
8.2
Saving Deposits:
Represent non-checking special commission bearing customer deposits with no defined maturity.
8.3
Time Deposits:
Represent special commissions bearing customer deposits with a defined maturity.
8.4
Other Deposits:
Any other deposits not already classified in the above category such as Repos, Swaps transaction with SAMA and other.
