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Ministry of Finance Speeds up Contractors" dues payment Via SARIE
Saudi Press Agency Published in Saudi Press Agency on 19 - 12 - 2009

In line with the directives of the Custodian of the Two Holy Mosques, King Abdullah bin Abdulaziz to implement electronic transaction by all governmental bodies, Ministry of Finance has completed procedures to transfer contractors" dues payment directly to their banking accounts via Saudi Arabia Riyal Interbank Express (SARIE), taking effects from the new Hijri fiscal year 1431/1432.
The Ministry has informed all government bodies and SAMA (Saudi Arabian Monetary Agency), Council of Saudi Chambers on this regard.
For More Infos Please visit WWW. MOF.gov.sa
--SPA

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