Instructions on Banknote Authenticity Verification
No: 42052701 | Date(g): 10/3/2021 | Date(h): 27/7/1442 | Status: In-Force |
Effective from 2021-03-10 - Mar 09 2021
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In addition to the previous instructions communicated by the Saudi Central Bank to commercial banks and exchange centers concerning various aspects of security safety, and given the importance of verifying the authenticity of currencies circulated within the Kingdom and the active role of banks and exchange centers in preventing the circulation of counterfeit banknotes within the Kingdom.
Hope of enhancing the banknote inspection procedures and ensure that all specialists exercise the utmost care in verifying their authenticity, promptly notifying the security authorities in case of any suspected counterfeit, and informing the central bank accordingly.