The Authority has also permitted them to work throughout the week, including on Fridays and Saturdays, starting 7:00 a.m. until 5:30 p.m., according to each bank’s assessment, provided the branches’ working hours are not less than the hours specified in SAMA’s directives.
The Authority stressed the need for money transfer centers to comply with a number of controls. These include implementing the mandatory precautionary and preventative measures set by the Ministry of Health on workers attending at their workplaces, according to the guidelines for preventative measures to curb the spread of novel coronavirus COVID-19 within workplaces, issued by the Ministry of Health.
Likewise, SAMA requires work to continue on developing electronic channels, especially smart phone apps, to facilitate for the customer to avail of all services related to electronic money transfer, including adding beneficiaries.
SAMA asserted that banks should continue to implement the exemption from electronic banking services fees, which include exemption from transfer fees via electronic channels, such as self-service devices (kiosks), automated teller machines (ATMs) and smart phone applications.
SAMA stressed the necessity to continue intensifying the presence of security guards at the centers’ branches to ensure proper organizing of queues of clients waiting inside and outside the branches.
The security guards must ensure compliance with the mandatory social distancing and spacing between clients, in line with the preventative and precautionary measures issued in this regard. In addition, banks must ensure the continued expansion in setting up mobile branches for money transfer centers to serve companies at their locations.
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