Enjoying the complete protection of your funds

Your funds and assets are fully guaranteed and protected by the law.   

When opening your bank account within the Saudi Swiss Securities group account, and transferring funds, all cash transactions, whether deposited directly into your account or as a result of sales, remain your sole property, protected by law, and not listed amongst the assets of Saudi Swiss Securities.

We would therefore like to inform you that Saudi Swiss Securities has opened a special account for each client within its group account, whereby the company account therefore remains totally separate from clients’ accounts, and fully separated from the clients’ funds. 

This means that debtors of Saudi Swiss Securities will have no call on any part of the funds or assets which belong to their clients

Saudi Swiss Securities is scrupulous in obeying the regulations of the Capital Markets Authority (CMA), Part 7, Chapter 1, (Client Money and Assets), concerning the protection of clients’ funds and their separation from the company’s funds.   This was achieved by extensive research into risk management policy and executed as a protective measure which complies closely with the spirit of the law, thus ensuring full protection of clients’ funds.
                                                                                                        
Saudi Swiss Securities holds a copy of an official letter from the company bankers, SABB (Saudi British Bank), addressed to the Tadawul, which guarantees the execution of the relevant CMA regulations, i.e. the separation of clients; funds from those of Saudi Swiss Securities.

More information on the suppoting document: CMA - Authorized Person Regulations "Client Money and Assets" .