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Wednesday, July 24, 2024

Banknotes and Coins to be Quarantined in Saudi Arabia

Saudi Arabia will quarantine banknotes and coins it receives from local and foreign sources for a period of 14 to 20 days as a precautionary measure to prevent the spread of, according to the Saudi Arabian Monetary Authority.

In a promotion video explaining the procedures, SAMA said: “We have taken precautionary measures to isolate and sterilize both paper and metal currencies, whether coming from inside or outside the Kingdom, by isolating them for a period of 14 days, and up to 20 days, depending on where it has come from,”

SAMA said that the currencies would be placed in specific cages where sterilization could be applied, in addition to sorting all banknotes to ensure their quality and cleanliness.

SAMA said it has directed financial institutions to take the necessary precautionary measures to ensure currencies are sanitary.

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