Payment of foreign currency and Rial facilities requires registration in the Samat system

Payment of foreign currency and Rial facilities requires registration in the Samat system

It is forbidden to grant any facilities, both in foreign currency and Riyal, before obtaining a tracking number from the Samat system.

It is forbidden to grant any facilities, both in foreign currency and Riyal, before obtaining a tracking number from the Samat system, and updating the balance and debt status of individuals must be reported to the Samat system online.

The Central Bank announced to the banking network in Circular No. 106255/02 dated 05/04/1402:

The information reports obtained from the Samat system as a reference database in the field of facilities and obligations have always been important and are an important source of information in macroeconomic decisions and reflect the performance of banks and credit institutions in granting facilities or creating obligations at the national level; Therefore, the reliability and timeliness of the information sent in this system from the point of view of timely sending and continuous updating, and the status of debt and obligation of individuals is of great importance and has always been emphasized in the relevant circulars of this bank.

Based on this, considering the direct effect of the information entered in the Samat system on the macroeconomic decisions and policies of the country, please order the internal systems of the currency and rial of that bank/credit institution to be implemented and organized in such a way that the information related to any facilities And the payment obligations should be sent to the Samat system without any delay, and the debt balance of the individuals should be updated in such a way that there is no difference between the amounts declared in the Samat system and the corresponding amounts in the general ledger (operational core) of that bank; Therefore, according to the supervisions and inspections carried out by the internal supervisory areas of the Central Bank as well as external supervisory institutions, including the National Inspection Organization, on the facility information entered in the SAMAT system and its inconsistency with the corresponding values ​​in the bank/credit institution’s general ledgers, It is emphasized once again that it is prohibited to grant any facilities, including foreign currency and Rials, before obtaining a tracking number from the Samat system, and updating the balance and debt status of individuals must be reported online to the Samat system.

It is obvious that the responsibility of monitoring the accuracy and adequacy of the information available in this system rests with the authorities of the bank/credit institution, and in case of non-compliance, especially regarding foreign currency facilities with a doubtful status of receipt, the matter will be referred to the supervisory authorities and also the disciplinary board of the banks. became. ,

This post is written by shadmanamini