BANKING RIFT
Saudi Arabia tightens scrutiny of UAE-bound money transfers
The Saudi central bank notified key banks to apply the additional checks that are normally used for countries suspected of money laundering
Hassan Ammar/AFP via Getty Images
A Saudi banker counts one hundred riyals bearing the portrait of Saudi King Abdullah bin Abdul Aziz al-Saud at a bank in Riyadh
Add The Circuit on GoogleSaudi Arabia is treating financial transfers to the UAE with the extra scrutiny generally applied to countries suspected of money laundering.
The Saudi central bank notified key banks earlier this year to apply the additional checks, Reuters...
