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3. Clearance Letter

No: 43023350 Date(g): 21/10/2021 | Date(h): 15/3/1443 Status: In-Force

Effective from 2021-11-20 - Nov 19 2021
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Financial institutions must process the client's request for issuing a clearance letter - regardless of its purpose, including salary transfers - provided there are no outstanding financial obligations from the client, within a timeframe not exceeding one business day from the date of receiving the request. For clients with a credit card and/or monthly debit card, this timeframe extends to seven business days.