( 1 ) Banking Risks statements shall be prepared according to Form (R.B. –5). A special statement is prepared for each customer who comes under the provisions of these regulations.

( 2 ) A code number shall be used to identify the reported customer and another code number identifying the Institution. The keys for both code numbers shall be available only to the Risks Bureau and the Institution.

(1) Banking risks statements shall be prepared according to the positions of such risks at the last working day of the month being reported, i.e. according to the position of credits in the Institution’s records at the mentioned date.

(2) Statements shall be prepared in duplicate; each signed by the specially authorized signatory of the Institution, i.e. who is authorized by the Institution to sign these statements which shall be delivered to the Risks Bureau before the twenty fifth day of the month following that of the statements.

(3) Statements shall be put in a sealed envelope which shall be put inside another one sealed by red wax and sent under covering letter according to Form (R.B. –6) in duplicate. Each copy bears the Institution’s stamp and signature. The covering letter shall indicate the number of statements contained in the inner envelope and the relevant month.

After receiving the envelope and making sure that the number of statements conforms with that mentioned in the covering letter, the Risks Bureau shall return to the Institution the duplicate copy of the covering letter after entering in the relevant place acknowledgement of receipt of the envelope with the number of statements.

If the Institution deemed it necessary to add some explanations and clarifications on the statement, it should record the same on a separate sheet in duplicate to be attached to both copies of the statement. Both copies shall bear the customer’s code number. Institutions should avoid mentioning any information therein that might identify the customer.

To facilitate the task of the Risks Bureau and to enable it to discover mistakes, all institutions are requested to take the utmost care in preparing statements and securing correct information required to be entered therein.

Institutions shall be furnished with the printed matter necessary for the preparation of statements by the Risk Bureau exclusively.