The amount of money deposited in an account established in Saudi Credit Bank to settle debts exceeded SR 230 million between 2006 and this year, the bank has announced.

Commonly called an “acquittance” account, citizens who believe they received ill-gotten money may deposit those funds into the account to help clear their conscience. Acquittance is a written receipt that attests to settling a fine or debt.

Ahmed Al-Jebrin, spokesman of the bank, said the number of deposits into the account since it was opened in 2006 is 5,422. He said the largest amount deposited in one transaction is SR 600,000 in January.

Al-Jebrin said that every transaction is dealt with secretly and no one can see the depositor’s personal details.

“This account is not only for those involved in embezzlement or bribery,” Al-Jebrin said. “It is also for those who don’t feel comfortable with any amount of money they received, it could be a salary they didn’t work hard to earn or the money could be from a suspicious deal.”

The deposited funds are later donated to social or charity groups. The bank is receiving these amounts into the Al-Rajhi Bank’s account No. (SA2680000126608010510005).