_1777294237270_124456903.png&w=64&q=75){kind=small}
The Central Bank's Banking Services and Fees Explained
The Saudi Central Bank issued a decision to prohibit exceeding the maximum limits for fees related to basic transactions and services for individuals, with the aim of regulating and standardizing bank service charges and enhancing oversight of financial institutions. This move comes in response to observations of disparities in deducted fees across bank transfers and a lack of clarity regarding some charges for customers, as well as issues related to updates in banking applications and transfer policies. The decision seeks to reduce undisclosed small deductions and to expedite the release of mortgage liens on owned properties.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)