currenturl

Courts can seize bank accounts for stalling off creditors

Courts can seize bank accounts for stalling off creditors
12 Feb

Riyadh, e-Media

Ministry of Justice is in the process of integration with SAMA. Judges can issue online instructions to freeze bank accounts, lift bank account freeze, impose travel ban   etc.... on debtors failing to pay their creditors.
If a debtor in a lawsuit fails to pay to the claimant within five days following  a court order, the judge issue travel ban and instruct SAMA to freeze bank accounts of the defaulting party.

Complementary Content
${loading}