Based on Paragraph (B) of Article Fourteen of the rules regulating money changing business by Ministerial Decision No. (4686) dated 21/11/1441 AH, and in line with SAMA's ongoing efforts to develop the money exchange sector in the Kingdom, a standardized pricing model has been developed for point-of-sale (POS) services for transactions made via Mada cards at exchange centers.

We would like to emphasize that all exchange centers must provide and activate point-of-sale (POS) services effective immediately for the benefit of customers. Failure to comply with and adhere to these regulations and instructions will result in SAMA implementing legal penalties.