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Providing Coins

No: 391000040537 Date(g): 27/12/2017 | Date(h): 9/4/1439

Translated Document

Effective from 2017-12-27 - Dec 26 2017
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Reference to the replacement of paper riyals with coin riyals and the initiation of its circulation, and the necessity of circulating the coin as an integral part of the national currency, including the one riyal denomination, its parts, and multiples. It has been observed that some bank branches lack sufficient coin currency when requested by bank customers and retail shops. It is essential for banks to provide coin currency to all their customers.

Therefore, you are required to ensure the availability of coin currency in all denominations at all bank branches, and it should be available to tellers as part of their daily cash holdings. SAMA will verify compliance through inspection tours. You can request coin currency through the SAMA Net, and the branches of SAMA are ready to meet all your needs for it.