TABLE OF CONTENTS - sama.gov.sa

1 0 1 TABLE OF CONTENTS : 6 6 DEFINITIONS First : : 51 15 Supervisory Rules & Controls Second : : 23 32 Rules and Procedures Third : 100 22 33 INSTRUCTIONS FOR "OPENING BANK ACCOUNTS" 100 200 23 37 Rules for Opening Accounts for Individuals 200 200-1 23 37 Individuals Residents of Saudi Arabia 200-1 200-1-1 23 38 Saudi Nationals 200-1-1 200-1-2 73 47 GCC Citizens residing in the Kingdom 200-1-2 200-1-3 73 47 Individual Expatriates 200-1-3 200-1-4 12 53 Tribal Individuals with Iqama Issued by the Passport Office of Arar, Hafr el Batin and others.

2 200-1-4 200-1-5 12 53 Individuals whose identities are being considered by the Central Committee of Hafidah Nufus 200-1-5 200-1-6 17 54 Foreign Father and Saudi mother's daughter borne in the Kingdom 200-1-6 200-1-7 17 54 The Burmese 200-1-7 200-1-8 17 54 The Beluchis and Turkistanians 200-1-8 200-1-9 11 55 Expatriate Saudia stewards and stewardesses, ship crews and the like 200-1-9 200-1-10 (100) 11 55 Salaries accounts for expatriate personnel of enterprises with more than (100) employees 200-1-10 200-1-11 13 57 Credit cards for non-resident expatriate employed by resident Saudi companies 200-1-11 200-1-12 13 58 Accounts related to raising funds for reconciliation blood money for murder cases 200-1-12 200-2 66 60 Non-Resident Individuals 200-2 200-2-1 66 60 Saudi individual citizens residing outside the Kingdom 200-2-1 200-2-2 66 60 GCC nationals non residing in the Kingdom 200-2-2 200-2-3 65 61 Non-Saudi and non-GCC citizens non resident of the Kingdom 200-2-3 300

3 ( ) 65 61 RULES FOR OPENING ACCOUNTS FOR JURISTIC PERSONS OTHER THAN MINSTRIES AND GOVT. DEPTS 300 2 300-1 65 61 Resident Juristic Persons 300-1 300-1-1 65 61 Licensed Businesses and Shops 300-1-1 300-1-2 63 62 Licensed Money Exchangers 300-1-2 300-1-3 62 63 Resident Corporations 300-1-3 300-1-3-1 67 64 Joint - Stock Companies 300-1-3-1 300-1-3-2 67 64 Limited Liability Companies 300-1-3-2 300-1-3-3 67 64 General Partnerships 300-1-3-3 300-1-3-4 67 64 Limited Partnerships 300-1-3-4 300-1-3-5 67 64 Partnership Limited by Shares 300-1-3-5 300-1-3-6 67 64 Insurance Companies 300-1-3-6 300-1-3-7 67 64 Intermediation Companies 300-1-3-7 300-1-3-8 67 64 Commercial.

4 Non-banking Gulf Companies residing in the kingdom 300-1-3-8 300-1-3-9 61 65 Escrow of Real-estate development Project for selling units of Housing Schemes 300-1-3-9 300-1-4 63 67 Resident juristic persons investing under Foreign Investment Act. 300-1-4 300-1-4-1 63 68 Mixed Entities owned by National and Foreign Investors 300-1-4-1 300-1-4-2 66 69 Entities wholly - owned by Foreign Investor 300-1-4-2 300-1-(3+4) 36 70 Controls for opening and operating the accounts of "companies under liquidation" 300-1-(3+4) 300-1- 33 72 Settlement to Avoid Bankruptcy 300-1-Appendix 300-1-5 37 74 Resident Juristic Entities 300-1-5 300-1-5-1 31 75 Hajj and Omrah performed together 300-1-5-1 300-1-5-2 36 79 Charitable and Welfare Organizations 300-1-5-2 300-1-5-3 31 85 Charity Organizations 300-1-5-3 300-1-5-4.

5 ( ) 33 88 Public Welfare Committees Organizations (Patients Friends, Disabled and other Societies) 300-1-5-4 300-1-5-5 : ( : ) 36 89 Professional Societies and Committees ( Accounting, Technology, Management, Engineering, Economics, Physicians etc) 300-1-5-5 300-1-5-(2+4) 36 89 Accounts for Collection of Shoppers' Donations of Remaining Halalas (Change) in Favor of Charity Entites 300-1-5-(2+4) 300-1-5-6 65 91 Cooperative Societies and funds 300-1-5-6 300-1-5-7 63 92 Charity Endowments and wills 300-1-5-7 300-1-5-8 62 93 Literary, Sport, and Social Clubs and Youth Houses 300-1-5-8 3 300-1-5-9 67 94 Public Corporations and Public Sector Entities 300-1-5-9 300-1-5-10 61 95 Chambers of Commerce & Industry 300-1-5-10 300-1-5-11 61 95 Building.

6 Renovating or expanding small and large mosques 300-1-5-11 300-1-5-12 / 66 96 Local Committees for the Disbursement/Settlement of labor wages in the regions' Emirates and Governorates 300-1-5-12 300-1-5-13 63 97 National Societies and Committees 300-1-5-13 300-1-5-14 63 98 General Courts/Attachment and Execution Department 300-1-5-14 300-1-6 66 99 Rules for Foreign Embassies, Consulates, Diplomats, Airlines and Multilateral Organizations and their Employees 300-1-6 300-1-6-1 66 99 Embassies, Consulates and their Educational Institutions and Employees. 300-1-6-1 300-1-6-2 566 100 Resident Diplomats 300-1-6-2 300-1-6-3 566 100 Diplomats on Temporary Visit.

7 300-1-6-3 300-1-6-4 566 100 Foreign Airlines and their Employees 300-1-6-4 300-1-6-5 565 101 Rules for Multilateral Organizations and their Direct Employees 300-1-6-5 300-1-6-6 551 115 Accounts of Relief Campaigns and Committees 300-1-6-6 300-1-6-7 556 116 Accounts of Committees of Friendship and Official External Relation of the Kingdom 300-1-6-7 300-1-6-8 556 116 Economic and Technical Liaison Offices in the Kingdom 300-1-6-8 300-1-7 553 117 Civil Rights Private Debt Settlement Account 300-1-7 300-2 556 119 Non-Resident Juristic Persons 300-2 300-2-1 556 119 Non-Banking GCC Companies not residing in the Kingdom 300-2-1 300-2-1-1 556 119 Current Accounts and Deposits for Business and Credit Purposes 300-2-1-1 300-2-1-2 535 121 Accounts of GCC juristic persons for trading in securities of companies listed in the Saudi Exchange Market 300-2-1-2 300-2-2 ( ) 532 123 Non-Resident Non Banking Corporations and Businesses (other than GCC) with No Contracts or Projects in Saudi Arabia.

8 300-2-2 300-2-3 531 125 Non-Resident, Non Banking Corporations and business entities with contracts or projects in Saudi Arabia 300-2-3 4 300-2-4 536 126 Non-Resident Non Banking Corporations Renting Spaces at Depository Areas in the Kingdom 300-2-4 300-2-5 ( ) 533 127 Non-Resident (including GCC) Commercial Banks 300-2-5 300-2-6 ( ) 536 129 Non-Resident Investment Companies, International Mutual Funds and Other Financial Institutions (Including GCC) 300-2-6 300-2-7 536 129 Non-Resident Insurance Companies and Money Exchangers 300-2-7 300-2-8 536 129 Non-Resident or GCC Payment Card Companies.

9 300-2-8 400 526 130 Rules governing the opening of accounts for Resident or Non-Resident individual investors not under the Foreign Investment Act. 400 400-1 ( ) 526 130 Rules governing the opening of accounts for Resident and Non-Resident foreigners for investment in funds of (Local and foreign Share) 400-1 400-2 525 131 Rules governing Intermediary Investment Accounts 400-2 400-3 523 132 Rules governing opening of accounts for juristic persons, owned by resident expatriates permitted to run a commercial business but not under the Foreign Investment Act.

10 400-3 500 522 133 Rules governing the opening of accounts for Government Agencies 500 500-1 522 133 Rules governing the opening of accounts for Saudi Government Departments 500-1 500-1-1 ( ) 522 133 Ministries and Government departments listed in appendix (A) and the like 500-1-1 500-1-2 527 134 Rules Governing the opening of Accounts for Government Departments for the Collection of Donations for their account 500-1-2 500-1-2-1 527 134 Accounts of Government Bodies related to activities and services financed from outside the state Budget 500-1-2-1 500-1-3 521 135 Beuet El Maal (Finance houses)