Interbank transfer limits are raised.
🔹 The central bank issued a directive to the banking network to raise the limits of interbank transfers within the national payment systems, which will be implemented in the coming days.
🔹 The minimum amount for SATNA system transfers, both personally and not personally, between customers has been increased from 1 billion to 2 billion riyals.
🔹For the PAYA system, the maximum amount for each non-personal transfer was increased from 2 billion to 3 billion riyals, while the maximum amount for each personal transfer was increased from 2 billion to 5 billion riyals.
🔹In addition, the daily limit for non-personal transfers through the PUL system was raised from 1 billion to 2 billion riyals, and the limit for personal transfers was increased from 1 billion to 3 billion riyals. 🔹Furthermore, the maximum number of incoming transfers that a beneficiary can receive per day using the PUL system (per account) is set at five transfers.