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7. Protection of Deposits

No: 361000089524 Date(g): 14/4/2015 | Date(h): 25/6/1436 Status: In-Force

Effective from Jan 01 2016 - Dec 31 2015
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 i.The DPF shall insure the payment of Deposits held on an Eligible Depositor’s account(s) with a Bank up to the applicable protection limit as determined by SAMA from time to time. However, no financial liability shall be assumed by SAMA as a result of making any such determination;
 ii.The applicable protection limit shall be inclusive of any special commission/ return due or accrued on Deposits up to the cut-off date determined by SAMA.