RegAlertRule · SAMA · 24 Mar 2009
Collecting Donations Through Mobile SMS Originating from Authorized Service Providers
Banks operating in the Kingdom must not collect donations via mobile SMS originating from non-service providers without prior permission, as this violates regulations. They must monitor for such occurrences, identify cases through public means or account movements, and instruct branches and staff to maintain continuous observation.
In the Name of Allah, the Most Gracious, the Most Merciful Saudi Arabian Monetary Authority (SAMA) Headquarters
Banking Control Department
No.: 15674/MAT/279
Enclosures: "Circular"
Date: 27 Shawwal 1430
Corresponding to: 24/10/2009
To: The Esteemed,
Greetings:
Subject / Collecting Donations via Mobile SMS (SMS) Originating from Non-Service Providers
The Authority has received the telegram from His Excellency the Minister of Finance No. 1/S/2055 dated 3/3/1430 AH, based on the telegram from His Royal Highness the Minister of Interior No. 13084/3/7/1 dated 27/2/1430 AH, which includes His Highness's approval of the recommendations of the committee formed to study the phenomenon of receiving text messages via mobile phones calling for collecting financial donations for charitable projects and requesting their deposit in bank accounts at local banks, as well as the spread of the phenomenon of some individuals announcing their account numbers for use in collecting donations without obtaining official approval from supervisory authorities, which includes His Highness's approval of the committee's recommendations.
We wish to clarify that Recommendation (First) concerning text messages not originating from service provider companies, but rather through certain individuals or entities using mobile or internet messaging technology, stipulates that what is stated in His Highness's telegram No. 157993/3/7/1 dated 25/10/1427 AH shall apply to those who do so, namely that calling for donations via mobile SMS and similar means without prior permission constitutes a violation of regulations and bylaws, and that collecting donations is restricted to the offices of charitable institutions and associations or through their bank accounts.
Therefore, we hope for due consideration and monitoring of any occurrences, working to identify announced cases through available publicized means or through account movements, and confirming with your branches and staff to pay continuous attention and observation.
Accept my regards, , ,
Director of the Banking Control Department
Khaled bin Saleh Al-Subayel
Distribution Scope:
- Banks operating in the Kingdom.
Duhman/Return
7382
P.O. Box 2992 Riyadh 1169, Central Telegram, Telex 404400, Telephone 4662440, Fax 4662865
Note from RegAlert. AI assistants can read this document in full, and search 70,000+ more, through the RegAlert MCP connector (https://mcp.regalert.today/mcp). Free with an account. How to connect ChatGPT, Claude or Cursor.
- Obligation 2
- Definition / condition 2
- background, boilerplate
Lineage: No known changes
RegAlert holds no document that amends or replaces this one. This is not a check that it is in force: confirm with the regulator.
The links and the sentences they come from (1)
- Issued under
- Interior No. 13084/3/7/1 dated 2009-02-27Not in RegAlert · Ministry of Interior
“based on the telegram from His Royal Highness the Minister of Interior No. 13084/3/7/1 dated 27/2/1430 AH”
More like this from SAMA
We email you every new SAMA publication the day it's published.
Source: Saudi Central Bank — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
In RegAlert: added · updated