1-1) Members of Money Exchange Centers
| No: 361000067859 | Date(g): 25/2/2015 | Date(h): 7/5/1436 | Status: In-Force |
Translated Document
Effective from 2015-02-25 - Feb 24 2015
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These are individual (natural persons) or legal entities (institutions, companies, organizations, etc.) that have a membership with the money exchange centers for services (money transfers/exchanging currencies). Membership is recorded in the exchange center’s register with a unique number linked to the customer’s name and identification number for citizens, valid residence permit for expatriates, and commercial registration or license for legal entities. Membership records include all identifying data of the customer, including national identification for citizens, residence details for expatriates, and documenting this in the customer's membership upon establishing the relationship (creating a unique membership number for the customer). The exchange shop retains the identification number as an electronic reference for transactions and maintains a historical record of the customer’s financial transactions.