SAMA Launches "Naqd" Digital Platform for Government Banking Services

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