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Saudi Arabia has denied reports of freezing bank accounts of expatriates whose financial dealings are higher than their wages, it was reported on Tuesday.
"There is no truth in reports circulating in some media and social networking sites that banks operating in the Kingdom are directed to freeze accounts of expatriate workers whose transactions exceed the prevalent wages of their jobs," the Saudi Arabian Monetary Authority (SAMA) tweeted.
"Banks constantly apply the necessary measures to different clients' banking accounts and take the necessary steps in line with relevant regulations and instructions," SAMA added.
#?????_????? ???? ?? ?? ?????? ??? ????? ???????? ??????? ??????? ???????.#SAMA pic.twitter.com/RlmER396yKNearly 10.5 million foreign residents live in Saudi Arabia.
- SAMA | ????? ????? ?????? ??????? (@SAMA_GOV) July 6, 2020
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