Business
The Saudi Central Bank (SAMA) issued a new Fees Guide for Financial Institutions’ Services on 22 December, setting updated maximum fees for a range of retail banking and payment services, taking effect within 60 days. SAMA said the guide will replace the current Banking Tariff once it enters into force and will apply to all financial institutions under its supervision, including banks and payment companies. In its announcement, SAMA framed the move as part of its supervisory role, with the…
