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Money Transfers Must be Coordinated with Security Authorities Well Enough in Advance

No: 23806/BCI / 290 Date(g): 28/12/2003 | Date(h): 5/11/1424

Effective from 2003-12-28 - Dec 27 2003
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In reference to the Central Bank's circular No. 5922/M AT/62 dated 1421/04/08H, which includes specific guidelines for the replenishment of ATMs, particularly the clause concerning the necessity of coordination and notification of security agencies during the transportation of funds, we inform you that the Central Bank has received a letter from its branch in Buraidah containing observations from the Qassim Region Police on the reporting process. These reports are being received upon the arrival of the replenishment officials at the ATMs, which disrupts the work of the security agencies and results in delays in the security agencies carrying out their duties.

Therefore, we hope to inform and ensure coordination with the security apparatuses for transportation operations in a timely manner so that the security apparatuses can perform their duties as required in various regions and governorates of the Kingdom.