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بوابة الفجر
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Transfer steps for August 2026 pensions
The National Authority for Social Insurance allows pensioners to change the bank where they receive their pensions to facilitate access to their entitlements more flexibly and comfortably. This comes especially as the August 2026 pension disbursement, which includes an annual increase of 15%, approaches. The steps for the transfer include visiting the current bank to obtain a No Objection letter, opening an account at the new bank, and submitting an official transfer request to the authority. The disbursement process begins on August 1, 2026, and will utilize various methods such as ATMs, branches, and postal services to enhance convenience and reduce crowds. The service offers greater flexibility in choosing nearby or easier-to-use banks, and the authority advises pensioners to start the transfer procedures early to ensure timely receipt of their pensions.
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