Based on The powers vested in the central bank according to its regulations issued by Royal Decree No. (23) dated 23/5/1377 AH,  and The Banking Control System issued by Royal Decree No. M/5 dated 22/2/1386 AH.

And based on the role of the Central Bank in supporting and developing the private sector and its institutions, and in overcoming the difficulties it faces, as well as enabling easy and convenient access to all banking services, we inform you that approval from the Central Bank must be obtained before imposing any fees on banking services provided to companies and small and medium-sized enterprises, this is to ensure that these fees do not impact the achievement of the Central Bank's objectives mentioned above.