2016-03-23

Added · Updated

Enhancement of Umrah Hajj Guarantee Limit to Saudi Riyal 200,000

The limit for bank guarantees or performance bonds furnished by Authorized Dealers on behalf of approved Umrah agents is increased from Saudi Riyal 100,000 to Saudi Riyal 200,000. This change applies to guarantees issued in favor of official Umrah service agents or providers in the Kingdom of Saudi Arabia. All other instructions contained in FE Circular No. 02 dated January 13, 2014 remain unchanged.

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