KSA, 17 July, 2024 : The Saudi Central Bank (SAMA) has launched "Naqd," a secure digital platform designed to streamline banking services for government entities.
"Naqd" provides easy access for government bodies to their accounts at SAMA, facilitating financial transactions through a unified platform. This initiative supports SAMA's strategy to enhance digital development and efficiency in government banking services.
The platform allows government entities to access account information, manage accounts efficiently, and monitor transactions instantly. By offering electronic banking services, "Naqd" aims to improve user experience, boost productivity, and reduce the time required for government banking procedures using the latest technologies.
Source : www.sama.gov.sa
Related Posts

Why your two returns must tell the same story, and how to reconcile them before the FTA asksYour Co...
Read More
Core topic: Why the connections between accounts, transactions and business activity can reveal fina...
Read More
When everything looks legitimateA company is registered. Contracts are prepared. Documents are signe...
Read More