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Allowing Cash Withdrawals and ATM Card Issuance for Customers with Seizure and Ban Decisions

No: 529850000067 Date(g): 29/4/2019 | Date(h): 24/8/1440

Translated Document

Referring to the arrangements made between SAMA and the Ministry of Justice regarding the procedures for benefiting from the statutory percentage of the salary deposited in the customer's account subject to a seizure or ban decision. I would like to inform you of the following:

            First: Allow cash withdrawals of amounts exempted from seizure in bank accounts seized by judicial orders, including the statutory percentage of salaries through ATM cards.

            Second: Exempt the issuance or renewal of ATM cards from the services prohibited for those subject to a ban decision.

            Third: Establish procedures and controls to ensure that what is mentioned in paragraphs (First) and (Second) does not violate the application of the rules for seizure and ban decision.

            For your information, and to act accordingly by the end of the second quarter of 2019.