Article Two: Purpose and Scope
Art. TwoStatus unknownSaudi ArabiaRegulation
Issued by Saudi Central Bank (SAMA) Rulebook
These rules aim to provide a general framework for savings products offered by banks, which contributes to encourage them to launch savings products and stimulate customer benefits from them. These rules apply to all banks when presenting and offering savings products to their customers. These rules do not override the provisions stated in the relevant regulations, instructions, and instructions issued by SAMA.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
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