2-1) Issuing a Membership Card
| No: 361000067859 | Date(g): 25/2/2015 | Date(h): 7/5/1436 | Status: In-Force |
Translated Document
A customer of the money exchange center fills out personal details in an individual membership application form for individuals or an institutional membership application form for establishments to benefit from the money exchange center’s services. The money exchange center issues a membership card containing a unique number linked to the system, storing personal data, a copy for the ID, signatures verifying the customer's presence and the accuracy of the data provided, and the details of the beneficiary of the transfer at the money exchange centers authorized by SAMA to conduct this activity. The customer can present their membership number for any financial transaction and provide the original ID to confirm identity and that the ID is valid.
Membership is subject to regulatory procedures such as data updating, freezing, reservation, and setting financial limits based on customer status and transaction patterns.