Rule · SAMA · 4 Sep 2024

Electronic Integration with (Elm) Company to Benefit from the Digital Document Service

Saudi Central Bank (SAMA) issued Circular No. 46013826 requiring all supervised financial institutions to establish technical integration with (Elm) Company to utilize the Ministry of Interior’s Digital Document service for verifying and obtaining digital copies of customer identities. The directive mandates direct coordination with (Elm), requires prompt notification to SAMA regarding any implementation challenges, and enforces compliance with existing regulations while preserving customers’ right to freely choose between physical plastic IDs and digital versions. This integration standardizes identity verification across financial transactions, eliminating redundant manual processes without compromising regulatory oversight or customer preference.

Saudi ArabiaSaudi Central Bank
Annotations and obligations
1 obligation · 1 permission · 3 definitions
  • Obligation 1
  • Permission 1
  • Definition / condition 3
  • 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.

Circular No. 43010538 dated2021-10-10Not in RegAlertCircular No. 43010538 dated 2021-10-10 — Not in RegAlertElectronic Integration with(Elm) Company to Benefit from…2024-09-04 · this documentElectronic Integration with (Elm) Company to Benefit from the Digital Document Service (2024-09-04)
amendssupersedesissued underrefers todashed card: not in RegAlert (or proposed)arrows run from the older text to the one that changes it
The links and the sentences they come from (1)
Issued under
  • Circular No. 43010538 dated 2021-10-10Not in RegAlert

    “In continuation of Circular No. (43010538) dated 1443/02/02 AH issued by the Saudi Central Bank regarding the acceptance of digital IDs for existing customers”

Similar documents from other regulators

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