Regulatory Alerts2021-07-12
Approval of Documents, Instruments and Certificates Electronically Approved by Chambers of Commerce
The Saudi Central Bank issued this circular mandating all banks and financial institutions operating in the Kingdom to accept documents, instruments, and certificates electronically authenticated by designated Chambers of Commerce. The directive requires financial institutions to verify these authentications using the specific online links provided in the attached list, thereby standardizing cross-sector verification. Chambers lacking dedicated electronic portals will continue to operate under manual authentication procedures, ensuring a unified framework for commercial documentation.
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