Further to SAMA Circular No. 52243/MT/24833 dated 04/11/1432 H referring to the controls of the "Hafiz" program, which includes urging cooperation to support the national program "Hafiz" for disbursing the subsidy for job seekers by opening bank accounts for citizens for male and female citizens wishing to apply for the program and providing them with the IBAN number of their accounts, and fully adhering to the rules for opening bank accounts and the general rules for operating them in banks operating in the Kingdom, and taking the necessary measures to meet the demand for opening accounts. For the purpose referred to above, in particular the provision of human cadres capable of carrying out the required procedures and not delaying in doing so, and excluding these accounts from the requirement of the third paragraph of the thirteenth rule of section IV of the third amendment of the rules for opening and operating bank accounts for "closing the account" that the period preceding the closure of the account in the event that it is without balance is one year instead of ninety days.

In view of SAMA receiving comments from the Emirates of the regions, and complaints from a large number of citizens stating that banks do not respond to applicants for opening accounts, delay opening accounts for them, give them appointments in months, and complain about the treatment of some employees with reviewers. SAMA stresses its commitment to the above-mentioned circular, activating the necessary procedures for its implementation, providing the necessary capabilities to face requests for opening accounts, and providing all banking services with open arms. SAMA hopes that Hafiz accounts will be classified in their own separate classification so that they can be monitored and limited in the future if necessary. We hope to act on it and inform it to all concerned departments and branches. And report on what is being taken in this regard within a week from its date.