Regulatory Alerts2026-02-04
Emphasis on the Readiness of the Premises and the Full Operational Capacity of Money Changers During the Ramadan and Hajj Seasons for the Year 1447H
The Saudi Central Bank (SAMA) issued this circular to mandate that money changers operating in Makkah, Madinah, and other Holy City areas maintain full operational readiness and high service standards throughout Ramadan and Hajj 1447H. The directive requires strict compliance with sixteen operational guidelines, including adequate foreign currency and cash reserves, integrated digital systems, enhanced security infrastructure, and sufficient qualified staff. These measures aim to align money changer services with Vision 2030 objectives and ensure optimal support for Hajj and Umrah guests.
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