MCI Warns Installments' Salesmen of Demanding or Receiving Buyers' Cheques

04 Mar 2013
​MCI has warned installments' tradesmen of asking or receiving cheques from buyers, as a guarantee for payment, because such an action runs against the law.
Accordingly, the law punishes the offending issuer of the cheque and the beneficiary, alike, either by a 3-Year in prison and/or a financial fine up to SR 50,000 and/or defamation (in public).
To report any offend, Pls. call phone no. 800 124 1616
Last Modified 25 Dec 2018