SAMA approves cancellation of licenses for two money exchange institutions in the Kingdom

The Saudi Central Bank (SAMA) announced the cancellation of the licenses of two money exchange institutions, Hisham Khaled Sulaiman Kalkatawi and Mohammed Hamoud Al-Shreef, at their request. This action comes as part of the implementation of regulations governing money exchange activities. The bank also urged rights holders and claimants to review the institutions and verify the authorized entities through the SAMA website.

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