Extending the Exception for Bank Transfer Centers to Operate on Fridays
| No: 490290000067 | Date(g): 10/4/2019 | Date(h): 5/8/1440 |
Effective from 2019-06-20 - Jun 19 2019
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In reference to the Central Bank's instructions communicated through Circular No. 41/2304 dated 09/09/1439 AH regarding the working hours of financial transfer centers affiliated with banks, which includes an extension of the exemption for some branches of transfer centers to operate on Fridays.
I would like to inform you that it has been decided to extend the exemption for some branches of transfer centers to operate on Fridays for an additional year, provided that it is in accordance with the approved working hours regulations. Requests for non-objection may be submitted to the Central Bank, including the names of the branches, their locations, and the required working hours, with the stipulation that the request does not exceed 10% of the total number of branches of the bank’s transfer centers.