Posted by : Aahil Shaik Apr 24, 2019
SAUDI CUSTOMS PREVENT THE SMUGGLING OF 15 MILLION RIYALS OUTSIDE THE KINGDOM
Saudi Customs has been able to stop the smuggling of funds exceeding 15 million Saudi riyals outside the Kingdom of Saudi Arabia. Most Viewed : Haramain Train to operate 10 trips daily during Ramadan
Customs department explained that it prevented several attempts to smuggle money out of the Kingdom during the period from 1 Rajab to 15 Shaban 1440 H, which was exceeded 15 million riyals and was hidden in professional ways. Trending : 8.08 million expats medically insured in Saudi Arabia
- Saudi Arabia's Customs remind all passengers with cash or precious metals or transferable monetary instruments worth exceeding 60,000 SR or its equivalent of foreign currency to declare upon arrival or departure at Kingdom airports.
- In case of failing to make the declaration would subject them to seize the amount or metal or instrument and the bearer will be liable to legal penalties. See Also : Penalties for delaying renewal of Saudi Council Card
- Filling of declaration forms was important in accordance with Article 14 of the Anti Money Laundering Law. Those who do not declare the precious metals or jewelry they have to pay customs duty while leaving or on return.