In line with the Kingdom’s Vision 2030 to support small and medium enterprises as a vital sector contributing to the prosperity of the Kingdom's economy, and with SAMA's commitment to support banking initiatives related to this important sector.

We inform you that SAMA has recently activated certain technical settings on its Central Management System (Terminal Management System – TMS) to support small, medium, and micro enterprises by enabling banks operating in the Kingdom to finance these enterprises based on the volume/value of cash flows executed through point-of-sale devices (Mada) only during the period specified in the contract. SAMA has introduced a new feature that allows all banks to check the status of the enterprise (store) regarding any financing obligations linked to cash flows executed through point-of-sale systems with another bank before contracting to provide it with the point-of-sale service (Mada).

Therefore, we hope TO adhere to the following:

1. Utilize the feature applied to the TMS for financing contracts for small, medium, and micro enterprises that rely only on cash flows through point-of-sale systems (Mada).
2. Banks must not use this feature for other financial obligations that require multiple guarantees, even if such service is mentioned in the contract and obliges the enterprise (merchant) to benefit from it.
3. When granting the aforementioned financing, it should be considered whether there are existing financings based on the cash flows of the enterprise.