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Mada

No: 42017708 Date(g): 3/11/2020 | Date(h): 18/3/1442 Status: In-Force

Translated Document

(1)Instant update of the commercial register number recorded in the Point of Sale Management System (TMS) for merchants with cash flow guarantee financing for POS devices based on SAMA Circular No. 391000064531 dated 05/06/1439 H on financing small, medium and micro enterprises by guaranteeing cash flows through point-of-sale devices.
 
(2)The step of updating the commercial register number recorded in the Point of Sale Management System (TMS) for the rest of the customers shall be gradually included within the steps above, and new customers shall be registered using the new unified number starting with the number (7).