Customs Declaration of Funds in the Saudi Anti-Money Laundering Law
الإقرار الجمركي عن الأموال — نظام مكافحة غسل الأموال
Declaration by those entering or leaving the Kingdom of currency, bearer negotiable instruments, gold, precious metals or jewelry reaching the set threshold; Customs holding them for 72 hours on suspicion; and the fine for failing to declare or declaring falsely (Article 23).
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Other topics in the Saudi Anti-Money Laundering Law
Definitions in the Anti-Money Laundering LawThe Money Laundering OffenseRisk Assessment and Due DiligenceCorrespondent Relationships and Wire TransfersRecord Keeping and Internal ControlsReporting Suspicious TransactionsGeneral Directorate of Financial IntelligenceSupervisory Authorities and SanctionsPenalty for Money LaunderingMitigating the Penalty for Money LaunderingConfiscating Laundered FundsInternational Cooperation and ExtraditionPrecautionary Seizure and Investigation