Alqanoni

Article 95

Art. 95
Status unknownSaudi ArabiaRegulation

Issued by Saudi Central Bank (SAMA) Rulebook

(1) Payment Service Providers must provide access to their Relevant Payment Services in accordance with the decision and instructions related to open banking, cyber security and data privacy issued by SAMA and other competent authorities in the Kingdom. (2) Payment Service Providers must observe high standards in relation to the secure storage, sharing and transmission of client data when engaging in Payment Account Information Services or Payment Initiation Services.

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

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