Pursuant to the powers vested in SAMA under The Saudi Arabian Monetary Authority's Law issued by Royal Decree No. (23) dated 23/05/1377 H. The Banking Control System issued by Royal Decree No. (M/5) dated 22/02/1386 H based on the objectives of the vision supporting the development of digital infrastructure, and due to SAMA’s commitment to developing the financial sector and keeping up with the latest digital technologies. Since banks issue a number of documents upon their customers' requests, these documents include, for example, a clearance certificate, a no-objection certificate for salary transfers, and a customer account verification certificate. To facilitate business processes and contribute to transaction security, all banks should offer the service of issuing and verifying these documents electronically. It is important that these documents include elements that ensure the confidentiality of the information and the responsibility of the bearer to maintain its integrity.

For your information and necessary action, and please provide SAMA with an implementation plan within one month from the date of this notice.