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An urgent circular to banks to accept custody documents… and Okaz publishes the details

Ceik by Ceik
July 12, 2023
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“Okaz” learned that a new circular was issued by the Central Bank to all banks and banks regarding the acceptance of reconciliation documents issued by the Reconciliation Center, which include proof of custody. The sources described the circular as “important.” Because it aims to facilitate and speed up the procedures related to banking transactions that the custodian is allowed to conclude on behalf of the fostered child. The circular, which was reviewed by Okaz, indicated that documents could be verified electronically through the “Taradhi” platform. The Central Bank had received a statement from the Ministry of Justice, which included a request to circulate to banks to accept the reconciliation documents issued by the Reconciliation Center, which included proof of custody based on the work rules in the reconciliation offices. Lawyer Abeer Daghriri said that the circular makes it easier for divorced women to follow up on the bank accounts of their foster children without the need to obtain powers of attorney or deeds from the court, which shortens time and effort and preserves the rights of the fostered children. She added that the Reconciliation Center, which was approved by the Ministry of Justice, provides the conflicting parties with the opportunity to reconcile outside the courtrooms before resorting to the judiciary through a group of qualified and specialized conciliators, providing and facilitating reconciliation for groups of society, and raising the level of services. From the flow of cases to the courts, and to contribute to spreading the culture of reconciliation in society widely in innovative ways. Reconciliation paths vary in personal, commercial, criminal, legal and traffic statuses. Reconciliation reports issued by the Center are executive bonds.

Lawyer Daghriri pointed out that the Ministry of Justice has taken many developmental steps in this regard, including the digital Tadari platform, which contributes to bringing the views of the litigants closer together through qualified conciliators and specialists in various conflict paths, within approved institutional procedures and legislation, in addition to granting each party A space for expressing his point of view and not restricting him to the date of the session. The reconciliation documents are executive documents.

Tags: "documentsand "Okaz"for banksGeneralizationnurseryProofpublishthe detailsurgentWith acceptance
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