Opinion

Your bank account has been frozen!

January 27, 2018
Your bank account has been frozen!

Ibrahim Ali Naseeb

Madinah newspaper

“Your account has been frozen. Please provide us with the required documents to update your data.” Customers of the Arab National Bank were surprised to receive this message recently, including yours truly. The freezes and messages came without any warning. In fact, it is well known that the bank’s customer base is largely made up of retirees and the elderly, people who served their country for decades, only to find themselves unable to access their accounts.

“Your account has been frozen. Please provide us with the required documents to update your data.” Customers of the Arab National Bank were surprised to receive this message recently, including yours truly. The freezes and messages came without any warning. In fact, it is well known that the bank’s customer base is largely made up of retirees and the elderly, people who served their country for decades, only to find themselves unable to access their accounts.

When I showed up to update my address at a branch in Al-Samer district, I was greeted by a single employee whose colleague had been absent for the past three days due to the death of a relative. The large crowd outside this branch was the reason I ended up at the Tahlia St. branch where I met a bank official and officially complained. I showed him the text message I received from the bank and explained how I, like countless others, was a victim of a system that did not appreciate the business its customers brought or acknowledge the pain and inconvenience such recklessness caused families when members were unable to access their own bank accounts.

Finally, I would like to ask the Saudi Arabian Monetary Agency (SAMA) to investigate this very disturbing and truly puzzling matter. Any humanitarian consideration of their actions on consumers is almost nonexistent and banks simply treat customers as assets as if their lives and feelings have no value at all, something which must change.

January 27, 2018
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