RegAlert

Rule · CBJ · 30 Jun 2021

Extension of Prize-Linked Savings Accounts Validity Period

consumer

The Central Bank of Saudi Arabia extends the validity period for awarding prizes linked to savings accounts until the end of 2023. This extension maintains the conditions and controls established in circular no. 27/5/3808 dated 10/3/2019. All banks operating in the Kingdom are required to obtain prior approval from the Central Bank before announcing or promoting any prize-linked accounts.

JordanCentral Bank of Jordan

No.: 27/3/9688
Date: 19 / 11 /1442 Hijri
Corresponding to: 30 / 6/2021
Circular to all Banks Operating in the Kingdom After Greetings, With reference to our circular no. (27/5/3808) dated 10/3/2019 regarding “Prize- Linked Savings Accounts”, and circular no. (27/3/14218) dated 1/11/2020 regarding the extension of the validity period of awarding the prizes until the end of 2021. Please be informed that the validity period of the process of awarding the prizes linked to savings accounts has been extended until the end of 2023 and with the same conditions and controls contained in the circular no. (27/5/3808) dated 10/3/2019, noting that all banks are required to obtain the prior approval of the Central Bank before announcing and / or promoting any of their prizes linked to all accounts. Respectfully, Governor Dr. Ziad Fariz

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Central Bank of Jordan CircularNo. 27/5/3808 on Savings Account …2019 · CBJCentral Bank of Jordan Circular No. 27/5/3808 on Savings Account Prize Regulations (2019-03-10)Circular No. 14218 dated2020-11-01Not in RegAlertCircular No. 14218 dated 2020-11-01 — Not in RegAlertCircular No. 3808 dated 2019-03-10Not in RegAlertCircular No. 3808 dated 2019-03-10 — Not in RegAlertExtension of Prize-LinkedSavings Accounts Validity Per…2021-06-30 · this documentExtension of Prize-Linked Savings Accounts Validity Period (2021-06-30)
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 (3)
Amends
  • Central Bank of Jordan Circular No. 27/5/3808 on Savings Account Prize Regulations2019 · CBJ

    “With reference to our circular no. (27/5/3808) dated 10/3/2019 regarding “Prize- Linked Savings Accounts””

  • Circular No. 14218 dated 2020-11-01Not in RegAlert

    “and circular no. (27/3/14218) dated 1/11/2020 regarding the extension of the validity period of awarding the prizes until the end of 2021.”

  • Circular No. 3808 dated 2019-03-10Not in RegAlert

    “With reference to our circular no. (27/5/3808) dated 10/3/2019 regarding “Prize- Linked Savings Accounts””

Timeline

This document amends: Central Bank of Jordan Circular No. 27/5/3808 on Savings Account Prize Regulations

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