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Saudi Central Bank (SAMA) Announces Regulations For Payments, Payment Services

Saudi Central Bank (SAMA) Announces Regulations For Payments, Payment Services
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Saudi Central Bank permits two BNPL companies

This initiative is aimed at enticing a new segment of investors and companies that can bring added value to the sector for more efficient operation, while maintaining full adherence to the regulatory and supervisory guidelines defined by SAMA ....

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SAMA halts opening of bank accounts online

All banks in Saudi Arabia will halt opening new accounts for clients through online platforms “until further notice” as per new instructions from the Saudi Central Bank (SAMA) ....

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