Alqanoni

Article 66

Art. 66
Status unknownSaudi ArabiaRegulation

Issued by Saudi Central Bank (SAMA) Rulebook

(1) If a Payment Service Provider is not able to execute a Payment Services Order in a timely fashion, it must inform the Payment Service User immediately of the time by which it expects to have executed such an order. (2) In the event of any planned down-time of a Payment Service, a Payment Service Provider must inform each of its Payment Service Users at least five business days in advance.

The Arabic text is the legally binding version. The English translation is provided for guidance only.

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