21/03/2015
The East Chamber presents its compliments, this is to inform you that we received a letter from the Council of Saudi Chambers number (ش.ق / 1463) dated (05/10/1436), referred it to the program (WPS) which was approved by the Ministry of Labor recently, due to the receipt of a number of complaints from facilitiesBusiness sector of the fees imposed by some Saudi banks on financial transfers to the internal accounts (current or prepaid accounts) through this program.
For the sake of the Council of Saudi Chambers representative committee to work on the protection of the interests of business owners market affairs, has been communication and follow-up with the Saudi Arabian Monetary Agency in this regard.
Council received assurances from officials of the institution that the institution has issued circulars and instructions to local banks, which emphasizes cooperation and open bank accounts and to provide the necessary services to facilities under the program WPS, as banks comply with the fees prescribed in the documents of tariff policies and pricing system fast remittances "fast" and bank tariffsaccounts and banking services as well as tariff and pricing policy for the services the Saudi Payments Network Services included prepaid cards, note that the prescribed fees to the maximum extent that is possible, but not necessarily that the Bank Service Provider collected it from the beneficiary under the competitive environment for banks.
The Council hopes business sector in case you encounter problems of this kind, should file a complaint through customer runway protection on site SAMA following link: (www.sama.gov.sa).
