Regulatory Alerts2020-09-06
Annual Plans to Install ATMs
The Saudi Central Bank requires all banks and financial institutions operating in the Kingdom to submit their annual ATM installation plans, along with utilization strategies for temporarily suspended site permits, by September of each year for review and approval. This directive mandates early coordination among relevant parties to ensure timely implementation, supported by the Bank's necessary resources. Inquiries regarding compliance and submission procedures should be directed to the Circulating Currency Supervision Department via email.
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