Commerce Ministry warns firms against refusing to deal with cash in transactions

  • Date: 08-Oct-2020
  • Source: Saudi Gazette
  • Sector:Economy
  • Country:Saudi Arabia
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Commerce Ministry warns firms against refusing to deal with cash in transactions

Okaz/Saudi GazetteRIYADH — The Ministry of Commerce warned that punitive measures will be taken against those commercial establishments, which refuse to deal with cash in their transactions.The warning came in a recent circular issued by Omar Al-Suhaibani, acting deputy minister of commerce for consumer protection, a copy of which was seen by Okaz/Saudi Gazette.The deputy minister said in the circular that all commercial establishments, covered by the ministry's control, would be held accountable if they refuse to accept paper or metal currencies on the pretext of fighting coronavirus.The ministry issued the warning after it