🇸🇦 SaudiBizCode 2026
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SSIC 661908 activity

Systems of payment and financial settlements and related services

نظم المدفوعات والتسويات المالية والخدمات المتعلقة بها

Compliance Risk Score

100/100
  • Verified against GASTAT/Official source
  • Updated for 2026 classification
  • Complete hierarchy structure
  • Has cross-references to other systems
  • Nitaqat localization rules mapped
  • GOSI registration status verified
  • Regulatory compliance requirements detailed

📌 Description

SSIC 661908: Systems of payment and financial settlements and related services. Supervised by Saudi Central Bank. Used for company registration, Nitaqat...

📖 Description

SSIC code 661908 — Systems of payment and financial settlements and related services — classifies economic activities in this sector according to the Saudi national classification system.

Supervisory entity: Saudi Central Bank

Licensing entity: Saudi Central Bank

Occupations Related to this Activity

121101 Financial Manager 121115 Financial brokerage Manager 121308 Financial Services Control Manager 133007 IT Systems Manager 134603 Financial Brokerage Firm Manager 241201 Financial Consulting Specialist

Related Codes

661901 Transfer centers 661903 Rank in securities 661904 Providing securities services such as advising 661905 Providing securities services such as custody 661906 Credit rating activities 661907 Financial technology securities

When to use this code

🏢
Company Registration

Ministry of Commerce — Commercial Registration

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Nitaqat

Saudization quotas by sector via Qiwa

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Licensing

Permits from supervisory authorities

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Statistics

National reporting — GASTAT

FAQ

What is SSIC code 661908?

SSIC code 661908 corresponds to 'Systems of payment and financial settlements and related services' in the Saudi Standard Industrial Classification (SSIC), based on ISIC Rev.4 and maintained by GASTAT. It is a activity-level code used in business registration and government filings in Saudi Arabia.

When should I use SSIC 661908?

Use SSIC code 661908 when your main business activity is 'Systems of payment and financial settlements and related services'. You will need it for: company registration at the Ministry of Commerce, Nitaqat Saudization compliance, GOSI registration, and statistical reporting.

What Saudization rate applies to SSIC 661908?

Saudization (Nitaqat) rates vary by sector and company size. Check the HRSD/Qiwa platform for the current rate applicable to SSIC code 661908. Rates were updated in 2025-2026 for most sectors.

📋 Data Source & Disclaimer

Data source: General Authority for Statistics (GASTAT) — SSIC/SSCO 2026 Edition.

This data is cross-checked with Qiwa, HRSD, and ZATCA portals to ensure accuracy for business compliance.

This is an independent, free reference resource. Please verify critical information in official government sources before making legal or licensing decisions.
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