25 March 2020 – Raised E-wallet top up monthly ceiling limit

Intervention Categories: Environmental measures; Legal and policy; Regulatory change
Level of Jurisdiction: National

Overview: The Saudi Arabian Monetary Authority (SAMA) has increased the allowed top-up of the monthly ceiling limit for e-wallets up to (20,000) SAR.

SAMA has instructed that licensed Payment Services Providers (PSPs) should provide the necessary support and guidance and instructions to the clients.
Full details here: http://www.sama.gov.sa/en-US/News/Pages/news-534.aspx