Saudi Aramco GI 59.002 PAYMENT AUTHENTICATION

This Saudi Aramco General Instruction Manual, GI 59.002, establishes the official procedures for Payment Authentication within the organization. It details the protocols for authenticating payment authorization letters, authenticated cables, and the secure handling of test keys.

The document outlines the process for initiating, verifying, and dispatching payment instructions to ASC, AOC offices, company agents, and financial institutions, ensuring the integrity and security of financial transactions. Key topics covered include the general requirements for authentication, the specific handling of payment authorization letters and telex messages, the disposition of payment documents, the establishment and security of test keys, and the responsibilities of the cable office.

This manual is essential for any department or individual involved in initiating or processing payments on behalf of Saudi Aramco, providing clear guidance to prevent unauthorized transactions and financial discrepancies. Readers will gain a comprehensive understanding of the authentication framework, enabling them to execute financial instructions accurately and securely, thereby safeguarding company assets.

Ideal for treasury staff, financial controllers, accounting personnel, and compliance officers working in the oil and gas sector or similar large-scale organizations.