At the end of this course, the participants should be able to:
• Know and comply with related rules, regulations, and instructions of SAMA
• Know the responsibility and obligations of the client towards the bank and the bank towards the client
• Protect the bank from any legal obligations.
• Know the rights and duties of both the bank and customer.
• Protecting bank and customer money.
• Evaluate the client documents legally.
• Know the legal principles of checks and money/ promissory note

Development of Banks in Saudi Arabia
• Stages of Saudi banking Development
• Sources of Banking Law in the Kingdom of Saudi Arabia

SAMA’s Monitoring Role in Saudi Banking System
• Monitoring the banking system
• Means of Supervision and monitoring
• violating rules, regulations, and instructions
• Rules for opening and operating accounts in banks

Power of Attorney in Banking
• Power of attorney concept, terms and types
• Power of attorney requirements in banking

Commercial Papers in the Kingdom of Saudi Arabia
• Definition of commercial papers
• Types of commercial papers
• Defining promissory note and issuance Condition
• Check definition, elements of the check, the e check issuance condition, the operations necessary for the payment of the check
• Defining bill of exchange and issuance Condition
• The difference between the three commercial papers: check, bill of exchange, promissory note.
• lending documents
• Legal aspects of using the checks

Legal Structure of Business Enterprises
• Sole proprietorship
• General partnership company
• Simple partnership company
• Limited liability company
• One person company
• Joint stock company
• Holding company

Letters Credits
• Concept of LC.
• Effects arising from LC.

Counterfeiting and Fraud in Banking
• Definition of counterfeiting
• definition of fraud
• Methods of combating counterfeiting and fraud

• Compliance
• Regulations and instructions
• Analysis

This training course will be carried out through the use of best practices and the right combination of engaging and purposeful tools such as:
• Practical, relevant case studies
• Group activities and workshops
• Experiential learning
• Brain storming
• Stimulating mental activities
• Engaging team competitions
• Suitable training Videos
• Presentations
• Self-assessments
• Learning with simulations and games

Bankers, especially those who are working in credit departments, operations and branches and all employees required to understand and apply legal aspects of banking and instructions of SAMA.