Regulatory Alerts2020-11-08
Instructions on forms for banknote stacks of Sixth Edition of Saudi currency
The Saudi Central Bank issued this circular to update the instructions for banknote stacking forms used by financial institutions and cash centers in the Kingdom. It replaces the Second Edition with a Third Edition that incorporates specific color specifications (RGB/CMYK) and introduces a dedicated stacking form for the newly circulated SAR 20 denomination. Institutions must comply with these standardized color-coded forms and submit them within three months of the circular's issuance date.
In the Name of Allah, the Most Gracious, the Most Merciful
Saudi Central Bank Headquarters
Banking Policy Department
Reference No.: 42018358 Date: 22/03/1442 (AH) Attachments: 5 stacks
Circular
To: Respected Sirs, Peace, mercy of Allah and His blessings be upon you,
Subject: Instructions on forms for stacking denominations of the Sixth Edition banknotes.
I refer to the Second Edition of the Instructions on forms for stacking denominations of the Sixth Edition banknotes, communicated via Circular No. 42012490 dated 1442/3/2 AH. I also refer to the release of the SAR 20 denomination for circulation on 1442/3/8 AH. To ensure consistency in the colors of banknote stacking forms between banks, financial institutions, and SAMA branches with current and previous editions.
Attached is the Third Edition of the Instructions on forms for stacking denominations of the Sixth Edition banknotes, including an additional form for the SAR 20 denomination stacking, which replaces the aforementioned Second Edition.
For information and compliance within three months from its date. Yours sincerely,
Fahd bin Ibrahim Al-Shathri Deputy Governor for Supervision
Distribution Scope:
- Banks and financial institutions operating in the Kingdom.
- Cash centers operating in the Kingdom.
Circular on Forms for Stacking Denominations of the Sixth Edition Banknotes November 2020 CE
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General Instructions: 1-1 Approval of printing stacking forms for the Sixth Edition denominations according to the designs and specified color ratios provided in these instructions. 2-1 These forms must be used for stacking the Sixth Edition denominations when delivered to SAMA branches.
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Requirements to be included in the forms: a. Bank name and logo at the top of the form. b. Name and signature of the first and second employees at the bottom of the form. c. Number of notes and denomination in the center of the form, with the denomination font size being larger. d. Currency issuance year in the corner of the form.
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Form Colors: Each denomination is distinguished by printing it in specific colors as follows:
| Denomination | Red (R) | Green (G) | Blue (B) | Cyan (C) | Magenta (M) | Yellow (Y) | Black (K) |
|---|---|---|---|---|---|---|---|
| 500 SAR | 230 | 195 | 157 | 32% | 15% | 0% | 10% |
| 100 SAR | 77 | 77 | 253 | 0% | 70% | 70% | 1% |
| 50 SAR | 80 | 208 | 146 | 30% | 0% | 62% | 18% |
| 10 SAR | 131 | 177 | 244 | 0% | 27% | 46% | 4% |
| 5 SAR | 255 | 204 | 255 | 0% | 20% | 0% | 0% |
| 5 SAR - Polymer | 169 | 93 | 211 | 0% | 56% | 20% | 17% |
| 20 SAR | 202 | 108 | 133 | 34% | 47% | 0% | 21% |
- Form Samples: Attached are the form samples for compliance.
Attachments
Banknote Stacking Forms Template
(Pages 4, 5, and 6 contain illustrative images of the forms for each denomination with color details as mentioned in the table above.)