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The Saudi Arabian Monetary Authority (SAMA) concluded with the National Information Center and Saudi Authority for Data and Artificial Intelligence today, Monday 02/03/2020, the electronic link agreement between SAMA and the center, in a step aimed at finding a mechanism through which banks operating in the Kingdom are notified of deaths reports. This should help to preserve the rights of the heirs through a direct link with the technical systems of banks.

In a statement, SAMA stated that it seeks, through this agreement, to find a technical mechanism through which banks are notified of deaths, to benefit from modern technical means and e-government applications.  In addition, this should raise the level of government services in a way that contributes to shortening administrative procedures, and raising Quality, speed of delivery, and confidentiality of information and data.

The Governor of SAMA, Dr. Ahmad bin Abdul Karim Al-Kholifey, thanked the chairman of the authority, Dr. Abdullah Al-Ghamdi and the Director of the National Information Center, Dr. Issam bin Abdullah Al-Waqeet, for his contribution to expediting the procedures for signing the electronic link agreement between the two sides. Thank is reached as well to the work teams from SAMA and the center.