Discharge program

Based on Royal Order No.: 5597/MB, dated 04/29/1426 AH; A charitable account has been opened at Al Rajhi Bank, with the Social Development Bank undertaking its management and supervision. This account has been established for those wishing to discharge their debts towards public funds or as a gift or endowment. (As for in-kind funds such as: lands or real estate, their ownership is transferred in the name of the Development Bank. Social ).

Account establishment: The account was opened on 08/01/1427 AH corresponding to 02/07/2006 AD

Account number: SA2680000126608010510005 at Al Rajhi Bank< /p>

Discharge program

The purpose of the account: A bank account in which anyone who wants to clear his debts or as a gift or endowment can be deposited.

Target group: The majority believe that the account is intended for those who embezzle public funds, and this belief is wrong. The following paragraph explains the people targeted for depositing in this account. It targets:

State employees who are negligent in working hours, working hours, secondments, working outside work, etc.

Any person who wants to release his liability towards public funds for money he took unlawfully.

Anyone who wants to provide money as an endowment or gift.

Any person who wants to provide in-kind endowments, the proceeds of which will be returned to the debt relief account.

Beneficiaries: The funds deposited in this account are fully spent on the social loan program for people with limited income (family marriage restoration).

Deposits:

Total amounts deposited in the account from the date of opening the account on 02/20/2006 until the end of 01/31/2019: (375,333,387) riyals.

Total number of deposits: 61,521.

Note that deposits in this account are treated with the utmost
confidentiality.