12 April 2020 – Directed banks to extend the validity of ATM cards

This item is sourced from COVID-19 Policy Watch co-ordinated by Policy. We are in the process of gathering further information and aligning taxonomies for these items.

Type of Intervention: Wage and income support
Sectors Involved: Business support
Level of Jurisdiction: National
Lead People/Agency:

Overview: The Saudi Arabian Monetary Authority (SAMA) directed banks to extend the validity of ATM cards that have expired or are about to expire.

SAMA also directed banks not to suspend individuals” bank accounts.
Full details here: http://www.sama.gov.sa/ar-sa/News/Pages/news-547.aspx