Regulatory Alerts2025-02-24
Working Hours of the Saudi Rapid Money Transfer System during the Holy Month of Ramadan and Eid Al-Fitr and Eid Al-Adha Holidays for the Year 1446 H
The Saudi Central Bank issues this circular to establish the operating hours for the Saudi Rapid Money Transfer System during Ramadan and the Eid holidays of 1446 H. The system will operate from 10:00 AM to 4:00 PM on Ramadan business days, with Eid Al-Fitr holidays running from May 3 to June 5, 2025 (three business days) and Eid Al-Adha holidays from July 5 to July 8, 2025 (two business days). Clearing houses are required to align their operations with these adjusted system hours and holiday schedules.
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