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Article 1

No: M/81 Date(g): 29/10/2007 | Date(h): 18/10/1428 Status: In-Force

Translated Document

The following terms and phrases, wherever mentioned herein shall have the meanings assigned thereto, unless the context otherwise requires:

  1.  Cash: Any currency officially circulating in the Kingdom; whether banknotes or coins.
  2. Precious metals: All valuable natural and industrial metals and stones, which may be converted into cash. 
  3. Valuable documents: All documents of cash value such as cash checks for the currency of the Kingdom of Saudi Arabia and other currencies of all denominations, stocks, bonds, sukuk, and other securities. 
  4. Activity: practice the service of transporting cash, precious metals, and valuable documents.