{"id":3929,"date":"2020-07-08T19:00:46","date_gmt":"2020-07-08T19:00:46","guid":{"rendered":"https:\/\/saudiexpatriate.com\/?p=3929"},"modified":"2020-07-08T19:03:44","modified_gmt":"2020-07-08T19:03:44","slug":"freezing-expatriates-bank-accounts-are-just-rumours","status":"publish","type":"post","link":"https:\/\/saudiexpatriate.com\/freezing-expatriates-bank-accounts-are-just-rumours\/","title":{"rendered":"Freezing Expatriates Bank Accounts are Just Rumours"},"content":{"rendered":"<p><strong>The Saudi Arabian Monetary Authority (SAMA)<\/strong> has announced and denied the rumors on Monday regarding <strong>freezing of Expatriates bank accounts<\/strong> or it would freeze bank accounts of foreign workers whose incomes did not match the standard wage of their professions as per Saudi Labor Law.<\/p>\n<p>SAMA has posted on its Twitter account to deny the reports circulating over internet on <strong>social media websites<\/strong> and denied the rumours.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" data-expand=\"600\" class=\"lazyload alignnone size-full wp-image-3931 aligncenter\" src=\"data:image\/svg+xml;charset=utf-8,%3Csvg xmlns%3D'http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg' viewBox%3D'0 0 750 450'%2F%3E\" data-src=\"https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2020\/07\/Freezing-Expatriates-Bank-Accounts-are-Just-Rumours.png\" alt=\"Freezing Expatriates Bank Accounts are Just Rumours\" width=\"750\" height=\"450\" \/><\/p>\n<p>The authority has said to all the banks in the Kingdom follow the <strong>rules &amp; regulations regarding accounts<\/strong> of all customers and take measures only in accordance with the appropriate laws and instructions.<\/p>\n<p>This new was circulating on Social media wherein most of the expat employees have been leaving Saudi arabia due to current economic conditions in the <strong>kingdom of Saudi Arabia<\/strong> and due to this effect Banks were freezing the accounts of expats and also applying charges for <strong>money transfer<\/strong><\/p>\n<p>But <strong>SAMA<\/strong> clarified that the above new is just a rumor and Banks will follow the said rules and regulations only instructed by <strong>SAMA<\/strong> and there is no change in any of the rules &amp; regulation in Saudi Banking.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Saudi Arabian Monetary Authority (SAMA) has announced and denied the rumors on Monday regarding freezing of Expatriates bank accounts or it would freeze bank accounts of foreign workers whose [&hellip;] <a class=\"g1-link g1-link-more\" href=\"https:\/\/saudiexpatriate.com\/freezing-expatriates-bank-accounts-are-just-rumours\/\">More<\/a><\/p>\n","protected":false},"author":1,"featured_media":3931,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","footnotes":""},"categories":[2],"tags":[6977],"adace-sponsor":[],"class_list":{"0":"post-3929","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-saudi-arabia-news","8":"tag-bank-account-freezing"},"uagb_featured_image_src":{"full":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2020\/07\/Freezing-Expatriates-Bank-Accounts-are-Just-Rumours.png",750,450,false],"thumbnail":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2020\/07\/Freezing-Expatriates-Bank-Accounts-are-Just-Rumours-150x150.png",150,150,true],"medium":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2020\/07\/Freezing-Expatriates-Bank-Accounts-are-Just-Rumours-300x180.png",300,180,true],"medium_large":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2020\/07\/Freezing-Expatriates-Bank-Accounts-are-Just-Rumours.png",662,397,false],"large":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2020\/07\/Freezing-Expatriates-Bank-Accounts-are-Just-Rumours.png",662,397,false],"bimber-grid-xs":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2020\/07\/Freezing-Expatriates-Bank-Accounts-are-Just-Rumours-192x96.png",192,96,true],"bimber-grid-xs-2x":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2020\/07\/Freezing-Expatriates-Bank-Accounts-are-Just-Rumours-384x192.png",384,192,true],"bimber-grid-standard-2x":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2020\/07\/Freezing-Expatriates-Bank-Accounts-are-Just-Rumours-728x409.png",728,409,true],"bimber-list-s":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2020\/07\/Freezing-Expatriates-Bank-Accounts-are-Just-Rumours-265x186.png",265,186,true],"bimber-list-s-2x":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2020\/07\/Freezing-Expatriates-Bank-Accounts-are-Just-Rumours-531x371.png",531,371,true],"bimber-grid-2of3":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2020\/07\/Freezing-Expatriates-Bank-Accounts-are-Just-Rumours.png",750,450,false],"menu-24x24":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2020\/07\/Freezing-Expatriates-Bank-Accounts-are-Just-Rumours.png",24,14,false],"menu-36x36":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2020\/07\/Freezing-Expatriates-Bank-Accounts-are-Just-Rumours.png",36,22,false],"menu-48x48":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2020\/07\/Freezing-Expatriates-Bank-Accounts-are-Just-Rumours.png",48,29,false],"web-stories-poster-portrait":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2020\/07\/Freezing-Expatriates-Bank-Accounts-are-Just-Rumours.png",640,384,false],"web-stories-publisher-logo":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2020\/07\/Freezing-Expatriates-Bank-Accounts-are-Just-Rumours.png",96,58,false],"web-stories-thumbnail":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2020\/07\/Freezing-Expatriates-Bank-Accounts-are-Just-Rumours.png",150,90,false],"bimber-grid-standard":["https:\/\/saudiexpatriate.com\/wp-content\/uploads\/2020\/07\/Freezing-Expatriates-Bank-Accounts-are-Just-Rumours-364x205.png",364,205,true]},"uagb_author_info":{"display_name":"shafprince","author_link":"https:\/\/saudiexpatriate.com\/author\/shafprince\/"},"uagb_comment_info":0,"uagb_excerpt":"The Saudi Arabian Monetary Authority (SAMA) has announced and denied the rumors on Monday regarding freezing of Expatriates bank accounts or it would freeze bank accounts of foreign workers whose [&hellip;] More","wps_subtitle":"","_links":{"self":[{"href":"https:\/\/saudiexpatriate.com\/wp-json\/wp\/v2\/posts\/3929","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/saudiexpatriate.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/saudiexpatriate.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/saudiexpatriate.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/saudiexpatriate.com\/wp-json\/wp\/v2\/comments?post=3929"}],"version-history":[{"count":0,"href":"https:\/\/saudiexpatriate.com\/wp-json\/wp\/v2\/posts\/3929\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/saudiexpatriate.com\/wp-json\/wp\/v2\/media\/3931"}],"wp:attachment":[{"href":"https:\/\/saudiexpatriate.com\/wp-json\/wp\/v2\/media?parent=3929"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/saudiexpatriate.com\/wp-json\/wp\/v2\/categories?post=3929"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/saudiexpatriate.com\/wp-json\/wp\/v2\/tags?post=3929"},{"taxonomy":"adace-sponsor","embeddable":true,"href":"https:\/\/saudiexpatriate.com\/wp-json\/wp\/v2\/adace-sponsor?post=3929"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}