Question 1
Under SAMA Rules Regulating Money Changing Business, what is the minimum paid-up capital for a money exchange center licensed only to purchase, sell, and trade foreign currencies inside the Kingdom?
Correct Answer:
SAR 2,000,000
Question 2
What minimum paid-up capital applies to a money exchange center licensed to import and export cash?
Correct Answer:
SAR 7,000,000
Question 3
A money exchange center licensed for money transfer inside and outside the Kingdom must maintain at all times a minimum cash reserve equal to what percentage of its capital?
Correct Answer:
10%
Question 4
A basic FX money changer has paid-up capital of SAR 2,000,000 and is not licensed for money transfer. What minimum cash reserve must it keep deposited with a licensed bank?
Correct Answer:
SAR 100,000
Question 5
Under the capital rules, the total value of a money exchange center’s assets must not exceed what multiple of its capital?
Correct Answer:
Ten times the capital
Question 1
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About this Exam

Prepare with the FA FX Professional Practice Questions - Financial Academy Foreign Exchange Professional Exam (Saudi Arabia) Exam practice quiz. This question bank includes 100 questions covering exchange, money, center, sama, and customer. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

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FA FX Professional Practice Questions - Financial Academy Foreign Exchange Professional Exam (Saudi Arabia) Exam

This practice set contains 100 questions from the matching question bank and focuses on exchange, money, center, sama, and customer. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

This is an independent study resource intended for practice and review; it is not an official examination or an endorsement by any organization named in the title.

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