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Limit on sending moneym home

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AliyahIRobo

english.alarabiya.net/articles/2011/10/23/173313.html


I read this article and wondered if anyone currently in KSA can validate it? If it is true what is the cap on sending money home??

RedGoblin

its a proposal.. it will take time to come into action. once this does, then we can start panicking. :P

AliyahIRobo

Ziko please explain more? Which banks?

TheLegendLeads

I guess @ziko2012 is talking about the current situation. My bank for example, allows me transact 100,000 SAR per month that may differ from other banks.

But if a new policy is created and enforced (in near future I believe), all banks will have to adhere to that.

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