Cash Management Services Fees Provided by SAMA's Branches

Saudi Central Bank
SAMA
Saudi Central Bank

Reference No.: 472017165
Date: 1447/03/11
Attachments: None

Circular

To Whom It May Concern,
Gentlemen/
Peace, mercy, and blessings of God be upon you,

Subject: Fees for Cash Management Services Provided by SAMA's Branches.

Based on the authorities vested in the Saudi Central Bank under its system issued by Royal Decree No. (M/36) dated 1427/04/11 AH, and continuing the efforts made to support market needs for high-quality currency denominations, and enhancing the efficiency of cash cycle management in the Kingdom.

We inform you of the approval of fees for Cash Management Services provided by SAMA's branches, effective from 1/1/2050 CE. You will be subsequently informed regarding the fee collection mechanism by SAMA, as detailed in the table below:

Fees for Cash Management Services Provided by SAMA's Branches

Counting and Sorting Service

Through a SAMA branch with an adjacent unified cash center in the region	Through a SAMA branch with an adjacent unified cash center in the region	Through unified cash centers (excluding unified cash center fees)
Bundle: 5 SAR	Bundle: 4 SAR	Bundle: 2 SAR

Transfer Requests Service

Deposit in the bank's account at SAMA	Withdrawal from the bank's account at SAMA
Per transaction: 25 SAR	Per transaction: 10 SAR

For your information and records, please note that the fees outlined in this circular will be applied effective from 1/1/2050 CE. Coordination regarding this matter can be made with the specialists in the General Branches and Cash Centers Department via the following email address:
(branches-services@sama.gov.sa)

Yours sincerely,
Yazeed
Yazeed bin Ahmed Al-Sheikh
Deputy Governor for Supervision

Distribution Scope:

• Banks and institutions operating in the Kingdom
• Operators of unified cash centers

P.O. Box 2992 Riyadh 11169, Kingdom of Saudi Arabia Tel: +966 11 463 3000 P.O. Box 2992, Riyadh 11169, Kingdom of Saudi Arabia Tel: +966 11 463 3000