In reference to the Central Bank's instructions conveyed to banks through Circular No.341000057482/CT/81 dated 6/5/1434H, emphasizing the necessity of promptly responding to legal procedure requests sent to banks via the SAMA Net system. The response time for requests regarding inquiries about balances, accounts, trusts, deposits, and account freezes must not exceed one business day. Banks are required to take all measures to ensure compliance with this directive.

Also referring to the Enforcement Law issued by Royal Decree No. (M/53) dated 13/8/1433H and its Implementing Regulations* issued by Ministerial Decision No. (9892) dated 17/4/1434H, particularly Article 88 of this law, which states that anyone who assists or aids a debtor in evading execution or intentionally obstructing the execution shall be punished with imprisonment for up to seven years. The Implementing Regulations* clarify that this article applies to the legal representative of a private legal entity or anyone among its staff who causes the obstruction of execution.

Further referring to the meeting held at the Central Bank's headquarters on Sunday, 16/9/1435H, attended by representatives from all banks operating in the Kingdom, to coordinate the urgent handling of all legal procedure requests according to the arrangements discussed during the meeting. Given the Central Bank's keenness on the importance of ensuring that the Central Bank and banks complete all required execution procedures from judicial authorities within the specified timeframe, this is necessary to protect banks and their employees from the penalties specified in the Enforcement Law and its Implementing Regulations*.

Therefore, banks must:

Comply with the Central Bank's instructions regarding execution and respond to all incoming requests within one business day.
Provide the necessary resources, including human and technological resources, to execute all requests referred by the Central Bank to the banks.

Please ensure immediate compliance with these instructions. Additionally, we request a report within two business days detailing all measures taken by the bank in this regard. The Central Bank will follow up to verify the compliance of banks with these instructions and take necessary actions if required.

*The Implementing Regulations of the Enforcement Law issued by the Ministerial Decision No. 9892, dated 17/04/1434 H was replaced by the Implementing Regulations issued by the Ministerial Decision No.526, dated 20/02/1439 H