Tag Archives: ATM
No VAT on loans, ATM services, says Saudi tax authority
:: The General Authority of Zakat and Tax (GAZT) on Wednesday confirmed that interest or lending fees charged with an implicit margin for finance will be exempt from value-added tax. The authority clarified that interest or lending fees charged on
The sad saga of North Korea’s ATMs
No modern airport terminal is complete without an ATM, and Pyongyang’s now has two. But they don’t work — because of new Chinese sanctions, according to bank officials — and it’s not clear when they will. ATMs are an alien
ATM fraud alert sounded out
The Saudi Arabian Monetary Agency (SAMA), the Kingdom’s central bank, has warned commercial banks to improve their systems and customers to be wary, after a gang was found stealing money from ATMs in Riyadh using sophisticated card readers and cameras.
Chinese ATM skimmers held in Riyadh
Two Chinese nationals have been arrested for stealing SR220,000 from 62 people using sophisticated card readers and cameras installed at ATM machines in the city. The two men, who were in the Kingdom on business visas, had installed the devices
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