The overall customer payments made through the Saudi Arabian Riyal Interbank Express in May increased 28.98 per cent to SR1,075.13 billion ($286.61 billion) compared to SR833.63 billion in April, revealed the latest data from the Saudi Central Bank, also known as SAMA, reports Arab News.
According to SAMA's May 2023 monthly bulletin, single payments made by customers increased 35 per cent to SR590.47 billion from SR437.06 billion in April.
SARIE is the RTGS platform used for interbank transactions in Saudi Arabia.
SARIE sees 29pc jump in customer payment
FE Team | Published: July 02, 2023 22:23:05
SARIE sees 29pc jump in customer payment
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