Cancellation of a Registered Bank Branch

Service Description:

Approval to cancel a bank branch registered in the Bank Records and terminate its operations.

Service Documents:

A letter dated and signed by the bank requesting approval to cancel a branch, explaining the reasons and justifications for the cancellation.

Requirements:

Issuance of a decision by the Management Committee of the CBS approving the cancellation of the branch and its removal from the Bank Records.

Service Classification:

Citizens