Saudi Central Bank | KSA Expats https://ksaexpats.com Your Guide to Life in Saudi Arabia Tue, 23 Dec 2025 03:33:50 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://ksaexpats.com/wp-content/uploads/2025/07/cropped-KSA-Expats-Website-Logo-1-32x32.png Saudi Central Bank | KSA Expats https://ksaexpats.com 32 32 SAMA Reduces Fees for Key Banking Services https://ksaexpats.com/sama-new-banking-fees-guide/?pk_campaign=feed&pk_kwd=sama-new-banking-fees-guide Tue, 23 Dec 2025 03:27:12 +0000 https://ksaexpats.com/sama-new-banking-fees-guide/?pk_campaign=feed&pk_kwd=sama-new-banking-fees-guide SAMA Reduces Fees for Key Banking ServicesThe Saudi Central Bank (SAMA) announced the issuance of the “Fees Guide for Financial Institutions’ Services,”which will replace the currently applicable Banking Tariff once it enters into force. The updated guide introduces lower fee caps on several essential banking services, aiming to enhance affordability, transparency, and customer protection. Under administrative fees, the maximum charge for non-real estate finance products has been reduced ... Read more

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]]> Saudi Central Bank: No Deductions Without Permission https://ksaexpats.com/saudi-central-bank-no-deductions/?pk_campaign=feed&pk_kwd=saudi-central-bank-no-deductions Fri, 01 Nov 2024 06:08:27 +0000 https://ksaexpats.com/saudi-central-bank-no-deductions/?pk_campaign=feed&pk_kwd=saudi-central-bank-no-deductions ATM MachineThe Saudi Central Bank has issued a draft update of debt collection regulations for individual customers to protect accounts and ensure fair banking. Under this new proposal, banks and financial companies cannot take money from a customer’s account without clear permission or a court order. No Deductions Without Permission The draft regulations state that banks ... Read more

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