3 Part III: Account Opening and Operating Rules and Regulations
- Chapter 7: Definitions
- General Account
- Deposit Account
- Deposit Deal
- Natural Person
- Resident Juristic Persons Including Commercial and Other Organizations
- Resident Juristic Persons Investing Under the Foreign Investment Act
- Juristic Persons Renting Depository Areas at Saudi Ports
- Government Entities
- Other Official Resident Juristic Entities
- Under Establishment Companies
- Chambers of Commerce & Industry
- Non-Resident
- Persons Having Authority to Appoint Signatories
- Incompetent
- Freezing of Account
- Blocking of Account
- Foundations and Private Philanthropic (Charity) Funds
- Philanthropic / Charitable Societies
- Philanthropic / Charitable Committees
- Professional / Vocational Organizations, Societies and Committees
- Pilgrimage (Hajj) Missions
- Cooperative Societies & Funds
- Endowments
- Relief Committees and Campaigns
- DTFC's Verification
- Chapter 8: General Requirements for Opening General Accounts
- Introduction
- Natural Person
- Juristic Persons
- Minimum Information and Documents Required Opening a General Account
- Acknowledgement of Term and Conditions
- Opening General Account Remotely
- Account Identification Details
- Opening the Account Without Deposit
- General and Term Deposits Accounts in Foreign Currency
- Additional General Accounts
- Client Interview
- Visiting Customers in Their Premises for Exceptional Circumstances
- Time Period for General Accounts
- Electronic Record Keeping
- Requirements for Inspection Purposes
- Chapter 9: Specific Rules for Opening General Accounts for Juristic Persons
- Licensed Businesses, Establishments and Shops
- Special Purpose Entities
- Institutions that Practice E-Commerce and Have No Official Headquarters
- Holders of Self-Employment Licenses
- Licensed Exchange Practitioners
- Resident Companies Including Joint Stock Companies, Limited Liability Companies, General Partnership and Limited Partnership Companies
- Companies Under Incorporation
- Gulf Non-Bank Commercial Companies Residing in the Kingdom
- Residents Investment Companies Under Foreign Investment Law (Mixed Ownership by National Investor and Foreign Investor)
- Residents Investment Companies Under Foreign Investment Law (Entities Wholly Owned by a Foreign Investor)
- Public Companies and Public Sector Institutions
- Gulf Resident - Ksa Non-Resident Non-Banking Companies
- Non-GCC Non-Resident Commercial Companies and Institutions with No Contracts Or Projects in the Kingdom
- Non Resident Companies and Non-Bank Commercial Establishments with Contracts or Projects in the Kingdom
- Non-resident and Non-Banking Commercial Companies and Institutions Leased in the Depository Areas in the Kingdom
- Legal Persons (Companies, Institutions and Licensed Shops) Owned by Resident Foreigners Who are Authorized to do Business and are not Covered by the System of Foreign Investment
- Ministries and Government Agencies Listed in Annex A and Their Equivalent
- Chapter 10: General Requirements for Opening Term Deposit Accounts
- Chapter 11: Freezing and Updating of the Accounts
- Chapter 12: Inactive and Dormant Accounts
- Chapter 13: Know Your Customer (KYC)
- Chapter 14: Disclosing of Account Data and Blocking Balances
- Chapter 15: Accounts Operating Rules
- Chapter 16: Closing of the Account
- Chapter 17: Statement and Audit Confirmation
- Chapter 18: Final Provisions
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