Requirements
Dear Sirs,
Greetings,
Subject: The requirements and information needed for customers’ bank account statements.
Based on the powers granted to the Saudi Central Bank under the provisions of the Banking Control System and its implementing regulations, and in light of the Saudi Central Bank's supervisory and regulatory role over private financial institutions, and in an effort to unify the minimum operations, information, and details that should be included in customers' bank account statements according to uniform standards across all banks. Given that the information contained in a bank account statement serves as a source and reference for evidence in regulatory aspects that serve the public interest, and to facilitate the identification of the sources of funds deposited in customers' accounts and the amounts withdrawn and transferred from them, as well as the types, nature, and dates of transactions with precision and certainty in a clear and unambiguous manner, thereby enabling the determination of customers' responsibility regarding the sources and uses of funds and transaction authorities, and for the benefit these information provide to banks in answering customer inquiries about transactions on their accounts.
Attached is the updated version of the requirements and information needed for customers’ bank account statements, with emphasis on allowing the bank to provide a simplified bank account statement as an alternative option for the customer, which must include at a minimum: (transaction type, date, and amount).
To respond and act in accordance with the specified requirements by the end of the second quarter of 2021. An electronic copy of these requirements will be provided to you via email.
Accept my regards,
Fahd bin Ibrahim Al-Shathri
Deputy Governor for Supervision
Distribution Scope:
- Banks and financial institutions operating in the Kingdom.
P.O. Box 2992 Riyadh 11169, Kingdom of Saudi Arabia Tel: +966 11 463 3000
P.O. Box 2992, Riyadh, Kingdom of Saudi Arabia Tel: +966 11 463 3000
Transaction Type and Information for Account Statement Details
Cash Deposit (Bank Branch) - (1/1)
| No. | Information Criteria | Arabic | English | Notes |
|---|
| 1 | Service Channel Creation | | | |
| Service Channel Name / Code (Bank Name + Branch Name where cash is deposited) | √ | √ | - |
| Service Channel Location (City where the branch is located) | √ | √ | - |
| Transaction Reference Number (generated by the system) | √ | √ | - |
| Transaction Type (Cash Deposit - Bank) | √ | √ | - |
| Transaction Creation Date | √ | √ | - |
| Transaction Creation Time (mandatory for ATMs and electronic banking transactions, optional for other regular transactions) | √ | √ | Statement ordered by date and time |
| Due Date (Credit) | √ | √ | - |
| b | Credit Entry Information | | | |
| Amount | √ | √ | - |
| Currency | √ | √ | - |
| Applied Exchange Rate | - | - | - |
| Purpose / Payment Details / Fund Sources | - | - | - |
| Depositor Name | - | - | - |
| Depositor ID Number | - | - | - |
| Cashier Signature on Cash Deposit Form | - | - | - |
Cash Deposit (ATM) - (2/1)
| No. | Information Criteria | Arabic | English | Notes |
|---|
| 1 | Service Channel Creation | | | |
| Service Channel Name / Code (Bank Name + ATM Code where cash is deposited) | √ | √ | - |
| Service Channel Location (City where the ATM is located) | √ | √ | - |
| Transaction Reference Number (generated by the ATM) | √ | √ | - |
| Transaction Type (Cash Deposit - ATM) | √ | √ | - |
| Transaction Start Date | √ | √ | - |
| Transaction Start Time (mandatory for ATMs and electronic banking transactions, optional for other regular transactions) | √ | √ | - |
| Due Date (Credit) | √ | √ | - |
| b | Credit Entry Information | | | |
| Amount | √ | √ | - |
| Currency | √ | √ | - |
| Applied Exchange Rate | - | - | - |
| Purpose / Payment Details / Fund Sources | - | - | - |
| Depositor Name | - | - | - |
| Depositor ID Number | - | - | - |
| Fees | - | - | - |
Cash Withdrawal (Check) - (1/2)
| No. | Information Criteria | Arabic | English | Notes |
|---|
| 1 | Service Channel Creation | | | |
| Service Channel Name / Code (Bank Name + Branch Name where cash is withdrawn) | √ | √ | - |
| Service Channel Location (City where the branch is located) | √ | √ | - |
| Transaction Reference Number (generated by the system) | √ | √ | - |
| Transaction Type (Cash Withdrawal - Internal Bank) | √ | √ | - |
| Transaction Creation Date | √ | √ | - |
| Transaction Creation Time | √ | √ | - |
| Due Date (Debit) | √ | √ | - |
| b | Debit Entry Information | | | |
| Amount | √ | √ | - |
| Currency | √ | √ | - |
| Applied Exchange Rate | - | - | - |
| Fees | √ | √ | If withdrawal is in foreign currency |
| Check Number | √ | √ | - |
| Beneficiary Name | - | - | - |
| Beneficiary ID Number | - | - | - |
| Cashier Signature on Check | - | - | - |
Cash Withdrawal (Receipt) - (2/2)
| No. | Information Criteria | Arabic | English | Notes |
|---|
| 1 | Service Channel Creation | | | |
| Service Channel Name / Code (Bank Name + Branch Name where cash is withdrawn) | √ | √ | - |
| Service Channel Location (City where the branch is located) | √ | √ | - |
| Transaction Reference Number (generated by the system) | √ | √ | - |
| Transaction Type (Cash Withdrawal - Receipt) | √ | √ | - |
| Transaction Creation Date | √ | √ | - |
| Transaction Creation Time | √ | √ | - |
| Due Date (Debit) | √ | √ | - |
| b | Debit Entry Information | | | |
| Amount | √ | √ | - |
| Currency | √ | √ | - |
| Applied Exchange Rate | - | - | - |
| Fees | √ | √ | If withdrawal is in foreign currency |
| Beneficiary Name | - | - | - |
| Beneficiary ID Number | - | - | - |
| Signature on Form | - | - | - |
Cash Withdrawal (ATM) - (3/2)
| No. | Information Criteria | Arabic | English | Notes |
|---|
| 1 | Service Channel Creation | | | |
| Service Channel Name / Code (Bank Name + ATM Code where cash is withdrawn) | √ | √ | - |
| Service Channel Location (Country and City where the ATM is located) | √ | √ | - |
| Transaction Reference (/Bank Name and Code that issued the ATM/Visa card + Transaction Reference Number generated by the ATM) | √ | √ | - |
| Transaction Type (Cash Withdrawal "Credit Card" - ATM) | √ | √ | - |
| Transaction Creation Date | √ | √ | - |
| Transaction Creation Time (mandatory for ATMs and electronic banking transactions, optional for other regular transactions) | √ | √ | - |
| Due Date (Debit) | √ | √ | - |
| b | Debit Entry Information | | | |
| Amount | √ | √ | - |
| Currency | √ | √ | - |
| Applied Exchange Rate | - | - | - |
| Fees | √ | √ | If amount is withdrawn in foreign currency |
Check Deposit (External - Outward) - (1/3)
| No. | Information Criteria | Arabic | English | Notes |
|---|
| 1 | Service Channel Creation | | | |
| Service Channel Name/Code (Bank Name and Branch/Department where transaction is performed) | √ | √ | - |
| Service Channel Location (City Name where Branch/Department is located) | √ | √ | - |
| Transaction Reference Number (generated by the system) | √ | √ | - |
| Transaction Type (Check Deposit) | √ | √ | - |
| Transaction Start Date | √ | √ | - |
| Transaction Start Time | √ | √ | - |
| Due Date (Credit) | √ | √ | - |
| b | Credit Entry Information | | | |
| Amount | √ | √ | - |
| Currency | √ | √ | - |
| Check Number | √ | √ | - |
| Drawn on Bank Name | - | - | - |
| Depositor Name | - | √ | If not the account holder |
| Depositor ID Number | - | - | Signature on Check Deposit Form |
| Drawer Name | - | - | - |
| Country of Bank issuing Check | - | - | - |
Check Deposit (Collection) - (2/3)
| No. | Information Criteria | Arabic | English | Notes |
|---|
| 1 | Service Channel Creation | | | |
| Service Channel Name/Code (Bank Name and Branch/Department where transaction is performed) | √ | √ | ATM information if check is deposited automatically |
| Service Channel Location (City Name where Branch/Department is located) | √ | √ | - |
| Transaction Reference Number (generated by the system) | √ | √ | - |
| Transaction Type (Check Collection) | √ | √ | - |
| Transaction Start Date | √ | √ | - |
| Transaction Start Time | √ | √ | - |
| Due Date (Credit) | √ | √ | - |
| Due Date (Debit) | √ | √ | - |
| b | Debit Entry Information | | | |
| Collection Fees | √ | √ | - |
| Amount | √ | √ | - |
| Currency | √ | √ | - |
| Applied Exchange Rate | - | - | - |
| Check Number | √ | √ | - |
| Drawn on Bank Name and City | - | - | - |
| Fees (Collection Fees + Correspondent Banks) | - | - | - |
| c | Credit Entry Information | | | |
| Amount | √ | √ | - |
| Currency | √ | √ | - |
| Applied Exchange Rate | - | - | - |
| Check Number | √ | √ | - |
| Drawn on Bank Name and City | - | - | - |
| Depositor Name | - | - | If not the account holder |
| Depositor ID Number | - | - | Signature on Check Deposit Form |
| Drawer Name | - | - | - |
Check Deposit (Bank Cash - Internal) - (3/3)
| No. | Information Criteria | Arabic | English | Notes |
|---|
| 1 | Service Channel Creation | | | |
| Service Channel Name/Code (Bank Name and Branch/Department where transaction is performed) | √ | √ | ATM information if check is deposited automatically |
| Service Channel Location (City Name where Branch/Department is located) | √ | √ | - |
| Transaction Reference Number (generated by the system) | √ | √ | - |
| Transaction Type (Internal Check Deposit) | √ | √ | - |
| Transaction Start Date | √ | √ | - |
| Transaction Start Time | √ | √ | - |
| Due Date (Debit) | √ | √ | - |
| Due Date (Credit) | √ | √ | - |
| b | Debit Entry Information | | | |
| Amount | √ | √ | - |
| Currency | √ | √ | - |
| Applied Exchange Rate | - | - | - |
| Check Number | √ | √ | - |
| Beneficiary Name | √ | √ | - |
| c | Credit Entry Information | | | |
| Amount | √ | √ | - |
| Currency | √ | √ | - |
| Applied Exchange Rate | - | - | - |
| Check Number | √ | √ | - |
| Drawn on Bank Name | - | - | - |
| Depositor Name | - | - | If not the account holder |
| Depositor ID Number | - | - | Signature on Check Deposit Form |
| Source Check Account Name | - | - | Signature on Check Deposit Form |
| Source Check ID Number | - | - | Signature on Check Deposit Form |
Check Cash (External - Internal Collection) - (4)
| No. | Information Criteria | Arabic | English | Notes |
|---|
| 1 | Service Channel Creation | | | |
| Service Channel Name/Code (Bank Name and Branch/Department where transaction is performed) | √ | √ | - |
| Service Channel Location (City Name where Branch/Department is located) | √ | √ | - |
| Transaction Reference Number (generated by the system) | √ | √ | - |
| Transaction Type (External / Internal Collection) | √ | √ | - |
| Transaction Start Date | √ | √ | - |
| Transaction Start Time | √ | √ | - |
| Due Date (Debit) | - | - | - |
| Due Date (Credit) | - | - | - |
| b | Debit Entry Information | | | |
| Amount | √ | √ | - |
| Currency | √ | √ | - |
| Applied Exchange Rate | - | - | - |
| Check Number | √ | √ | - |
| Beneficiary Name | - | - | - |
| Beneficiary ID Number | - | - | - |
| Presenting Bank / Collecting Bank | - | - | - |
Outward Fund Transfer (Sari System) - (1/5)
| No. | Information Criteria | Arabic | English | Notes |
|---|
| 1 | Service Channel Creation | | | |
| Service Channel Name/Code (Bank Name and Branch where transaction is performed) | √ | √ | - |
| Service Channel Location (Branch City Name) | √ | √ | - |
| Transaction Reference Number (Outward Transfer Number created in system + Local System Transaction ID) | √ | √ | Local System Transaction ID for local system transactions |
| Transaction Type (Outward Transfer - Local System) | √ | √ | - |
| Transaction Start Date | √ | √ | - |
| Transaction Start Time (mandatory for ATM/electronic banking transactions, optional for other regular transactions) | √ | √ | - |
| Due Date (Debit) | √ | √ | - |
| b | Debit Entry Information | | | |
| Amount | √ | √ | - |
| Currency | √ | √ | - |
| Applied Exchange Rate | - | - | - |
| Fees | √ | √ | - |
| Beneficiary Name | - | - | - |
| Beneficiary Account Number | - | - | - |
| Credit Card Number if to Credit Card Account | - | - | - |
| Beneficiary Address | - | - | Signature on Form C |
| Purpose / Transaction Details | - | - | Signature on Form C |
| SCA Reference Number and Date / Judicial Decision if by SCA Order | - | - | - |
Outward Fund Transfer (SWIFT) - (2/5)
| No. | Information Criteria | Arabic | English | Notes |
|---|
| 1 | Service Channel Creation | | | |
| Service Channel Name / Code (Bank Name and Branch where transaction is performed) | √ | √ | - |
| Service Channel Location (Branch City Name where transaction is performed) | √ | √ | - |
| Transaction Reference Number (Outward Transfer Number created in system) | √ | √ | - |
| Transaction Type (Outward Transfer to Abroad - SWIFT) | √ | √ | - |
| Transaction Start Date | √ | √ | - |
| Transaction Start Time (mandatory for ATM/electronic banking transactions, optional for other regular transactions) | √ | √ | - |
| Due Date (Debit) | √ | √ | - |
| b | Debit Entry Information | | | |
| Amount | √ | √ | - |
| Currency | √ | √ | - |
| Applied Exchange Rate | - | - | - |
| Fees | √ | √ | SWIFT Fees |
| Currency on Transfer | √ | √ | - |
| Beneficiary Name | - | - | - |
| Beneficiary Bank Name | - | - | - |
| Beneficiary Account Number | - | - | - |
| Beneficiary Address | - | - | Signature on Form C |
| Destination Country | - | - | - |
| Purpose / Transaction Details | - | - | Signature on Form C |
Outward Transfer (Salaries) - (3/5)
| No. | Information Criteria | Arabic | English | Notes |
|---|
| 1 | Service Channel Creation | | | |
| Service Channel Name / Code (Bank Name and Branch where transaction is performed) | √ | √ | - |
| Service Channel Location (Branch City Name) | √ | √ | - |
| Transaction Reference Number (Outward Transfer Number created in system - MT 102 + Local System Transaction ID) | √ | √ | Local System Transaction ID for local system transactions |
| Transaction Type (Salaries - Total Customer Payments) | √ | √ | - |
| Transaction Start Date | √ | √ | - |
| Transaction Start Time (mandatory for ATM/electronic banking transactions, optional for other regular transactions) | √ | √ | - |
| Due Date (Debit) | √ | √ | - |
| b | Debit Entry Information | | | |
| Total Amount | √ | √ | - |
| Currency | √ | √ | - |
| Applied Exchange Rate | - | - | - |
| Fees on Total Payments | √ | √ | - |
| Payment Details (Salaries) | √ | √ | - |
Outward Transfer (Dividend Share) - (4/5)
| No. | Information Criteria | Arabic | English | Notes |
|---|
| 1 | Service Channel Creation | | | |
| Service Channel Name / Code (Bank Name and Branch where transaction is performed) | √ | √ | - |
| Service Channel Location (Branch City Name) | √ | √ | - |
| Transaction Reference Number (Outward Transfer Number created in system - MT 102 + Local System Transaction ID) | √ | √ | Local System Transaction ID for local system transactions |
| Transaction Type (Dividend Share - Total Customer Payments) | √ | √ | - |
| Transaction Start Date | √ | √ | - |
| Transaction Start Time | √ | √ | - |
| Due Date (Debit) | √ | √ | - |
| b | Debit Entry Information | | | |
| Total Amount | √ | √ | - |
| Currency | √ | √ | - |
| Applied Exchange Rate | - | - | - |
| Fees | √ | √ | Total Customer Payments Message |
| Payment Details (Dividend Share + Period) e.g., Dividend Share / First Half of 2010 | √ | √ | Field: 70 |
Inward Transfer (Sari System) - (1/6)
| No. | Information Criteria | Arabic | English | Notes |
|---|
| 1 | Service Channel Creation | | | |
| Service Channel Name / Code (Bank Name and Branch/Department where transaction is performed) | √ | √ | - |
| Service Channel Location (City Name where Branch/Department is located) | √ | √ | - |
| Transaction Reference Number (Inward Transfer Number + Local System Transaction ID) | √ | √ | Local System Transaction ID for local system transactions |
| Transaction Type (Inward Transfer - Local System) | √ | √ | - |
| Transaction Start Date | √ | √ | - |
| Transaction Start Time (mandatory for ATM/electronic banking transactions, optional for other regular transactions) | √ | √ | - |
| Due Date (Credit) | √ | √ | - |
| b | Credit Entry Information | | | |
| Amount | √ | √ | - |
| Currency | √ | √ | - |
| Remitter Name | - | - | - |
| Remitter Account Number | - | - | Credit Card Number if from Credit Card Account |
| Remitter City Name | - | - | - |
| Transfer Bank Name / Code | √ | √ | - |
| Purpose / Payment Details | - | - | - |
| SCA Reference Number and Date / Judicial Decision if by SCA Order | - | - | - |
Inward Transfer (SWIFT System) - (2/6)
| No. | Information Criteria | Arabic | English | Notes |
|---|
| 1 | Service Channel Creation | | | |
| Service Channel Name / Code (Bank Name and Branch/Department where transaction is performed) | √ | √ | - |
| Service Channel Location (City Name where Branch/Department is located) | √ | √ | - |
| Transaction Reference Number (Inward Transfer Number) | √ | √ | - |
| Transaction Type (Inward Transfer - SWIFT System) | √ | √ | - |
| Transaction Start Date | √ | √ | - |
| Transaction Start Time | √ | √ | - |
| Due Date (Credit) | √ | √ | - |
| b | Credit Entry Information | | | |
| Amount | √ | √ | - |
| Currency | √ | √ | - |
| Applied Exchange Rate | - | - | - |
| Remitter Name | - | - | - |
| Remitter Account Number | - | - | - |
| Remitter Country Name | - | - | - |
| Transfer Bank Name | - | - | - |
| Purpose / Payment Details | - | - | - |
Inward Transfer (Salaries) - (3/6)
| No. | Information Criteria | Arabic | English | Notes |
|---|
| 1 | Service Channel Creation | | | |
| Service Channel Name / Code (Bank Name and Branch/Department where transaction is performed) | √ | √ | - |
| Service Channel Location (City Name where Branch/Department is located) | √ | √ | - |
| Transaction Reference Number (Inward Transfer Number - MT 102 + Local System Transaction ID) | √ | √ | Local System Transaction ID for local system transactions |
| Transaction Type (Inward Transfer - Local - Salaries) | √ | √ | - |
| Transaction Start Date | √ | √ | - |
| Transaction Start Time (mandatory for ATM/electronic banking transactions, optional for other regular transactions) | √ | √ | - |
| Due Date (Credit Entries) | √ | √ | - |
| b | Credit Entry Information | | | |
| Amount | √ | √ | - |
| Currency | √ | √ | - |
| Ordering Customer Name (Remitter) | √ | √ | - |
| Transfer Bank Name / Code | √ | √ | - |
| Purpose / Payment Details (Salaries) | - | - | - |
Inward Transfer (Dividend Share) - (4/6)
| No. | Information Criteria | Arabic | English | Notes |
|---|
| 1 | Service Channel Creation | | | |
| Service Channel Name / Code (Bank Name and Branch/Department where transaction is performed) | √ | √ | - |
| Service Channel Location (City Name where Branch/Department is located) | √ | √ | - |
| Transaction Reference Number (Inward Transfer Number - MT 102 + Local System Transaction ID) | √ | √ | Local System Transaction ID for local system transactions |
| Transaction Type (Dividend Share) | √ | √ | - |
| Transaction Start Date | √ | √ | - |
| Transaction Start Time | √ | √ | - |
| Due Date (Credit Entries) | √ | √ | - |
| b | Credit Entry Information | | | |
| Amount | √ | √ | - |
| Currency | √ | √ | - |
| Company Declaring Dividend Share | √ | √ | Field: 50 Ordering Customer Name (Remitter) e.g., Saudi Telecom Company, SABIC, etc. |
| Transfer Bank Name / Code | - | - | - |
| Company / Entity Name | - | - | - |
| Entity / Company Account Number | - | - | - |
| Remitting Bank Name | - | - | - |
| Payment Details / Purpose (Dividend Share + Period) e.g., Dividend Share / First Half of 2010 | - | - | Field: 70 |
| c | Debit Entry Information | | | |
| Amount | √ | √ | - |
| Currency | √ | √ | - |
| Company Declaring Dividend Share | √ | √ | Field: 50 Ordering Customer Name (Remitter) e.g., Saudi Telecom Company, SABIC, etc. |
| Transfer Bank Name / Code | - | - | - |
| Beneficiary Name | - | - | - |
| Beneficiary Account Number | - | - | - |
| Beneficiary Bank | - | - | - |
| Payment Details / Purpose (Dividend Share + Period) e.g., Dividend Share / First Half of 2010 | - | - | Field: 70 |
Internal Debit (Account to Account - Same Bank) - (7)
| No. | Information Criteria | Arabic | English | Notes |
|---|
| 1 | Service Channel Creation | | | |
| Service Channel Name/Code (Bank Name and Branch where transaction is performed) | √ | √ | - |
| Service Channel Location (Branch City Name) | √ | √ | - |
| Transaction Reference Number (Created in System) | √ | √ | - |
| Transaction Type (Transfer from Account to Account) | √ | √ | - |
| Transaction Start Date | √ | √ | - |
| Transaction Start Time | √ | √ | - |
| Due Date (Credit) | √ | √ | - |
| Due Date (Credit) | √ | √ | - |
| b | Debit Entry Information | | | |
| Amount | √ | √ | - |
| Currency | √ | √ | - |
| Applied Exchange Rate | - | - | - |
| Beneficiary Name | - | - | - |
| Beneficiary ID Number | - | - | - |
| Beneficiary Account Number | - | - | - |
| Transfer Purpose | - | - | - |
| SCA Reference Number and Date / Judicial Decision if by SCA Order | - | - | - |
| c | Credit Entry Information | | | |
| Amount | √ | √ | - |
| Currency | √ | √ | - |
| Applied Exchange Rate | - | - | - |
| Remitter Name | - | - | - |
| ID Number | - | - | - |
| Account Number | - | - | - |
| Purpose / Payment Details | - | - | - |
| SCA Reference Number and Date / Judicial Decision if by SCA Order | - | - | - |
Cashier's Order Request (Sari) – Issuance - (8)
| No. | Information Criteria | Arabic | English | Notes |
|---|
| 1 | Service Channel Creation | | | |
| Service Channel Name/Code (Bank Name and Branch where transaction is performed) | √ | √ | - |
| Service Channel Location (Branch City Name) | √ | √ | - |
| Transaction Reference Number (Created in System) | √ | √ | - |
| Transaction Type (Cashier's Order Request) | √ | √ | - |
| Transaction Start Date | √ | √ | - |
| Transaction Start Time | √ | √ | - |
| Due Date (Credit) | √ | √ | - |
| b | Debit Entry Information | | | |
| Amount | √ | √ | - |
| Currency | √ | √ | - |
| Applied Exchange Rate | - | - | - |
| Commission | √ | √ | - |
| Bank Request Number | - | - | - |
| Beneficiary Name | - | - | - |
P.O. Box 2992 Riyadh 11169, Kingdom of Saudi Arabia Tel: +966 11 463 3000
P.O. Box 2992, Riyadh, Kingdom of Saudi Arabia Tel: +966 11 463 3000
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