PD-4.3 PD-4.3 Disclosure of charges on short-term financing facilities
This version of Module PD was replaced in April 2008. Click here for the current Module PD.
PD-4.3.1
This version of Module PD was replaced in April 2008. Click here for the current Module PD.
The content of this Section is applicable to all retail banks licensed by the Central Bank.
October 07PD-4.3.2
This version of Module PD was replaced in April 2008. Click here for the current Module PD.
The Central Bank requires all retail banks to display, by a conspicuous notice, their scale of charges on BD short-term revolving facilities to commercial customers.
October 07PD-4.3.3
This version of Module PD was replaced in April 2008. Click here for the current Module PD.
'Conspicuous notice' means a written statement in both Arabic and English languages which is easily visible and legible and is displayed in all retail banks' premises open to the public.
October 07PD-4.3.4
This version of Module PD was replaced in April 2008. Click here for the current Module PD.
Retail banks are left free to decide their own basis of charging and to make changes to it as they consider appropriate.
October 07PD-4.3.5
This version of Module PD was replaced in April 2008. Click here for the current Module PD.
Retail banks must display a list of current charges including any standard charges and commissions that will be applied by the bank to individual services and transactions. See Section BC 4.2 for further details.
October 07
