Referring to Article 83 of the Implementing Regulations of the Finance Companies Control Law. which stipulates that "All fees, commissions and administrative services charges to be recovered from the Borrower by the Finance Company shall not exceed the equivalent of (1%) of the Amount of Finance or (5,000) Five thousand Saudi riyals whichever is less, "and to Article Nine of the Regulations for Consumer Financing. which stipulates that "All fees, costs and administrative services charges to be recovered from the Borrower by the Creditor must not exceed the equivalent of (1%) of the Amount of Financing or (5,000) five thousand Saudi riyals, whichever is lower."

SAMA would like to clarify that the fees and administrative service costs referred to in the above articles include all amounts that the beneficiary is required to pay, aside from the financing amount and the cost of the term, including all unavoidable fees, costs, and commissions necessary to obtain financing, such as, but not limited to, fees for studying the financing request, property appraisal fees, property inspection fees, registration fees.....etc. SAMA also emphasizes that communicating with concerned authorities to finalize the financing procedures (such as property appraisers and registration authorities) and paying the due costs to them is the sole responsibility of the bank and it is not permissible to authorize the beneficiary (customer) to pay any amounts related to third parties, taking into account that all fees and expenses the beneficiary must pay to obtain the financing must be included in the annual percentage rate.