WhisperInfinity
Fri Jun 07 2024
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5 answers
813
What are the currency restrictions in Saudi Arabia? | in Saudi Arabia. Exchange for payments abroad may be obtained freely, and there are no taxes or subsidies on purchases or sales of foreign currency. There are virtually no currency exchange restrictions
Could you please elaborate on the currency restrictions in Saudi Arabia? I understand that there is freedom in obtaining foreign exchange for payments abroad, and no taxes or subsidies on the purchase or sale of foreign currency. However, I'm interested in knowing if there are any other significant constraints or regulations that one should be aware of when dealing with currency in Saudi Arabia? Are there any limits on the amount of foreign currency that can be brought in or taken out of the country? Are there any specific regulations that businesses or individuals need to adhere to when it comes to currency transactions? Thank you for clarifying these points.
Valentina
Fri Jun 07 2024
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6 answers
1312
Is Binance allowed in Saudi Arabia?
I'm curious, is Binance, the cryptocurrency exchange platform, permitted to operate in Saudi Arabia? I've heard rumors about its availability in the Kingdom, but I'm not entirely sure. Given the strict regulatory environment in Saudi Arabia, I'm wondering if Binance has obtained the necessary licenses or if it faces any legal barriers. Could you clarify the situation for me? I'm particularly interested in understanding if individuals in Saudi Arabia are allowed to use Binance for cryptocurrency trading purposes.
NebulaPulse
Fri Jun 07 2024
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6 answers
1020
Which bank supports cryptocurrency in Saudi?｜In Saudi Arabia people may buy Bitcoin (BTC) with all Saudi Arabian bank cards. is the first bank opened in the country. The list of other most well-known banks includes Arab National Bank (ANB) , Al Rajhi Bank and Alinma Bank. How to store cryptocurrency?Alawwal Bank
Which banks in Saudi Arabia offer support for cryptocurrency transactions? I've heard that it's possible to purchase Bitcoin (BTC) using Saudi Arabian bank cards. Is there a specific bank that was the first to introduce such services in the country? Among the renowned banks in Saudi Arabia, do the Arab National Bank (ANB), Al Rajhi Bank, and Alinma Bank also provide support for cryptocurrency? Additionally, how does one safely store their cryptocurrency? I've heard mention of Alawwal Bank in relation to this matter. Could you please clarify these points?
KDramaLegendaryStarlightFestival
Fri Jun 07 2024
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5 answers
967
What are the trade restrictions in Saudi Arabia?｜Saudi law prohibits importation of the following products: .weapons, alcohol, narcotics, pork and pork products, pornographic materials, distillery equipment, retreaded or used tires, used clothing and certain sculptures
Could you kindly elaborate on the trade restrictions in Saudi Arabia? I understand Saudi Arabia has strict laws against importing certain items, but I'm curious about the specifics. Does Saudi Arabia prohibit the importation of weapons, alcohol, narcotics, pork and pork products, pornographic materials, distillery equipment, retreaded or used tires, used clothing, and certain sculptures? And if so, what are the consequences for those who violate these restrictions? Additionally, are there any other items or categories of goods that are also restricted from importation? It would be helpful to gain a comprehensive understanding of these trade regulations.
alexander_watson_astronaut
Fri Jun 07 2024
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7 answers
1808
Which bank allows cryptocurrency in Saudi Arabia?｜In Saudi Arabia people may buy Bitcoin (BTC) with all Saudi Arabian bank cards. is the first bank opened in the country. The list of other most well-known banks includes Arab National Bank (ANB ), Al Rajhi Bank and Alinma Bank.Alawwal Bank
Which Saudi Arabian bank permits transactions in cryptocurrency? I understand that citizens of Saudi Arabia can purchase Bitcoin (BTC) using their domestic bank cards. Could you please identify the first bank in the country to offer such services? Additionally, could you enumerate some of the other prominent banks that are known to facilitate cryptocurrency transactions? I've heard of Arab National Bank (ANB), Al Rajhi Bank, Alinma Bank, and Alawwal Bank, but I'm not sure which ones specifically allow cryptocurrency transactions. Could you clarify this for me?
