In reference to SAMA's Circular No. 391000006561 dated 19/01/1439 H regarding the approved electronic services for identity verification by the National Information Center for the electronic verification of customer identities. It has been observed that there are a number of active accounts belonging to expatriates who have left the Kingdom without closing these accounts, resulting in the collection of funds through fraudulent activities. Consequently, these funds are transferred abroad using electronic services, making it difficult to trace and return them to the defrauded owners.

Wheras, the "Natheer" electronic service enables banks to be aware of the status of customer data and update it by notifying them of events affecting them through electronic linkage with official data, providing alerts about various events, including:

              - The status of expatriates' final exit before and after crossing the borders.

              - The status of cancellation of the final exit visa after it has been issued.

              - The status of issuing a return visa without the individual having returned.

Therefore, SAMA urges all banks operating in the Kingdom to utilize this service, which will facilitate compliance with the provisions of the banking account rules regarding expatriate customer accounts, such as freezing accounts immediately upon final exit, in order to mitigate the exploitation of these accounts after their owners have departed.