5-2) Counterfeit Currency
| 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
To view other versions open the versions tab on the right
All money exchange centers must implement precautionary measures for handling both local and foreign currencies by:
- Acquiring currency counting machines with specifications capable of detecting counterfeit money.
- Developing and training employees who handle cash directly through organizing counterfeit detection courses to enhance their efficiency.
- Obtaining foreign currencies from reliable sources.
- Promptly reporting to security authorities and notifying SAMA upon discovering counterfeit currency.
- Complying with instructions issued by relevant security authorities regarding handling counterfeit currency.