Current Account

Saudi National Bank - Current Account

Minimum Balance

No minimum balance

Currencies

SAR

Monthly Fee

No Fees

Summery:

SNB’s Current Account provides you with a consistent level of service via its various branches and electronic banking channels.

Documents required

1- original passport plus a copy. 

2- A copy of your iqama or visa page. 

3- A letter of no-objection from your employer or sponsor

Eligibility

Available for Saudis and foreigners


Features:

1- No minimum balance, no fees 

2- Enjoy 24/7 secure access to AlAhli Online, AlAhli Mobile, & AlAhli Phone Banking 

3- Free globally accepted ATM card 

4- Free cheque book 

5- Free monthly statement and Free SMS notification


Benefits:

SNB’s Current Account provides you with a consistent level of service via its various branches and electronic banking channels, We make banking easy, Bank at any of SNB's Branches across the country, Access to one of the largest ATM and instant Cash Deposit Machines networks, Top class Online, Phone, and Mobile Banking services, Shariah compliant products and services.


Al Rajhi Bank - Current Accounts

Minimum Balance

Currencies

Monthly Fee

Description :

• You can now easily open an account online at Al Rajhi Bank via the website. Current accounts allow you to effectively manage your money in a secure and easy way. 

• Our online banking channels allow you to manage your account around the clock from anywhere in the world. We provide you with many services through your current account including money transfer, issuing an ATM card (mada) and many other advantages.


Eligibility:

• National Identity / Iqama. 

• At Least 18 Years Old For Adults, For Minors Accounts At Least 15 Years Old. 

• The Mobile Number Used For Registration Must Be Issued By A Saudi Telephone Service Provider 

• The National Address Must Be Correct 

• The Applicant Must Be Registered With Absher Service To Complete The Process Of Documenting The Bank Account 

• The Mobile Number Must Be In The Name Of The Account Holder. 

• The Applicant Should Not Be A Current Customer At The Bank Or Al Rajhi Transfer. If The Customer Wishes To Perform Any Banking Transactions Within The Branch Later Or To Request Any Banking Products, Credit Card Or Cheque Book, The Customer Must Visit The Branch To Update The Account's Permissions (Depends On The Account Permissions) And Provide The Authorized Signature.

Documents required:

• A filled out account opening application. 

• Copy of a valid national 

• ID document our staff will verify the same against the original

Features:

• Opening Your Account Easily At Any Time With The Option Of Choosing The Branch You Wish To Deal With 

• Standing Orders Service. 

• Monthly Statement In Arabic Or English 

• Performing Banking Transactions Easily Through Our Online Banking. 

• Issuing An ATM Card Using Our Self-Service Machines. 

• Local Transfers And Deposits. 

• Paying For Government Bills And Sadad. 

• Access To Al Mubasher Online Banking Service. 

• International Transfers Of All Kind (Depends On The Account Permissions ) 

• Cash Withdrawal And Deposit Through ATMs

Al Rajhi Bank - Affluent

Minimum Balance

SAR 250000 - Transferring a Salary of not less than SAR 20,000

Currencies

SAR

Monthly Fee

No Fees

Description :

Al Rajhi Bank is honored to present you with the Affluent "Al-Tamayuz" Account. Our exclusive services are tailored specially to your needs, offering you the highest standards in complete banking services. 

Your Affluent membership entitles you to state-of-the-art, world-class services, with full access to the Bank whenever you please. Our banking experts are at your service around the clock, managing your assets and facilitating all of your requirements. All of our services are presented to you with precisely what your lifestyle expects.

Eligibility:

• Opening a new account with an amount of not less than SAR 250,000, 

• Or maintaining average balances of not less than SAR 100,000 for the last six months, 

• Or transferring a salary of not less than SAR 20,000


Features:

• Access to Affluent centers across the kingdom 

• Exemption from bank fees (when executed through E-Channels) 

• 50% discount on banking fees (when executed at the branch) 

• PLATINUM mada debit card with a special design 

• Free Signature Credit Card with supplementary credit cards for family (up to 5 cards) : 

• Access to VIP lounges at airports 

• Exclusive offers and discounts 

• Free Cheque books with special design for Affluent segment 

• High daily transfer limit to other accounts through E-channel = SR 300,000 and ATM = SR 100,000 

• Cash deposit of up to SR 200,000 in any of Al Rajhi Bank ATMs 

• Up to SR 100,000 daily purchase limit through (SPAN)


Al Rajhi Bank - Diamond Affluent

Minimum Balance

SAR 1 million - Transferring a Salary of not less than SAR 40,000

Currencies

SAR

Monthly Fee

No Fees

Description :

Al Rajhi Bank is honored to present you with the Affluent "Al-Tamayuz" Account. Our exclusive services are tailored specially to your needs, offering you the highest standards in complete banking services. 

Your Affluent membership entitles you to state-of-the-art, world-class services, with full access to the Bank whenever you please. Our banking experts are at your service around the clock, managing your assets and facilitating all of your requirements. All of our services are presented to you with precisely what your lifestyle expects.

Eligibility:

• Opening a new account with an amount of not less than SAR 1 million, 

• Or maintaining average balances of not less than SAR 500,000 for the last six months, 

• Or transferring a salary of not less than SAR 40,000


Features:

• Dedicated centers to serve Diamond client across our branches 

• Exemption from bank charges & Fees ( Individual Account ) 

• A dedicated relationship manager for all Diamond clients to fulfill all your banking needs. 

• The mada Signature card with Atheer functionality,this card offers the following benefits: 

- Access to airport VIP lounges over 1000 lounges 

- Visa signature Concierge service all over the world 

- Emergency assistance all over the world 

- Special Offers and discounts 

• Free Cheque books with special design for Diamond segment 

• Free Infinite credit card with supplementary credit cards for your family up to 5 cards. 

• High daily transfer limit to other accounts through eChannel = SR 500,000 and ATM = SR 100,000 

• Cash deposit of up to SR 200,000 in Al Rajhi ATMs 

• Up to SR 200,000 daily purchase limit through (SPAN)

Al Rajhi Bank - Private Banking

Minimum Balance

Currencies

Monthly Fee

Description :

• Welcome to the world of Private Banking, “Al-Khassa” where the passion to serve you at all time and to provide you world-class, innovative banking solutions and investment products that guarantee the success you deserve. 

• We take pride in our special relationship with you and as such are continuously motivated to improve our service and to better assist you in fulfilling your goals.

Features:


• Committed Private Banking centers. 

• A dedicated relationship manager. 

• Free Visa Infinite credit card with supplementary credit cards for your family. 

• Al Rajhi Bank mada Debit Card and cheque book in an Private banking special design. 

• Fees waived local and international money transfer. 

• Money transfer to other accounts of up to SAR 5000,000 per day via internet. 

• Cash deposit of up to SAR 200,000 in any of Al Rajhi Bank ATMs. 

• 24-hour phone banking services at 800 124 8880 (free call from mobile). 

• Investment products and services offered to you through Al Rajhi Capital. 

• Financial solutions and Credit facilities to support investments.

Gulf International Bank - OnePack Account

Minimum Balance

NO

Currencies

Currencies of the Gulf countries, USD, Euro, and GBP

Monthly Fee

Free

Description :

The meem account is designed for the modern digital lifestyle!

As the meem account does not incur any annual fees and you can enjoy many benefits such as budgeting, automatic transfer and many more.

Features:

* Mim's piggy bank; Makes saving and budgeting to reach your goals easy and fun!

* Link your multi-currency account to your meem card and choose any currency you want based on your travel needs! In addition, save yourself the exchange rate

* Transfer the amounts in excess of your need from your current account to a savings account to benefit from a profit margin compatible with the provisions of Islamic Sharia

* The easiest and safest payment method for Android devices is via mada Pay

* The fastest and most secure payment method via Apple Pay

* Secure, easy payments of up to 300 SAR per transaction through Near Field Communication (NFC) technology

* Shop online safely with the ""Verified by Visa"" service

* Receive notifications to easily pay “SADAD” bills through the meem app

*Open a meem account and get the digital meem card immediately! You will receive the actual meem card within 3 working days by mail

* Free and without any annual fees

The Saudi Investment Bank - Alasalah Current Account

Minimum Balance

SAR 0

Currencies

Available in Saudi Riyals and other major currencies.

Monthly Fee

NA

Description :

It is an account opened in accordance with Islamic Sharia rules. This account allows you to issue cheques, deposit cash and fulfill all day-to-day transactions.

Eligibility:

Age:

18 years.

15 years for Saudis holding a valid ID card.

Nationality:

Saudis.

GCC citizens with valid passport, or national identity card (applicable only to citizens of Bahrain, Oman, Qatar and UAE), and proof of address in the Kingdom (evidenced by a utility bill, house rental contract, real estate title deed, or a letter from a Saudi citizen attesting to the GCC citizen’s address) along with their home country address.

Non-Saudis (and Non-GCC) holding a valid residency permit (Iqama).

Documents required:

• Fill out SAIB account opening application form and attach required documents.

• Attach a copy of a valid identity document


Features:

• No minimum deposit required to open the account.

• Available in Saudi Riyals and other major currencies.

• Free Cheque Book.

• Free mada Debit Card for ATM Cash Withdrawals and Point of Sale (PoS) transactions.

• Free Supplementary mada Debit Card from The Saudi Investment Bank for a family member.

• Choice of account statement frequency. You can choose either a monthly, quarterly, half-yearly or yearly frequency.

• Settling bills and payments through SADAD. 

• Transferring money within the Kingdom or abroad, through payment instructions or standing orders. 

• Earn WooW points on the average balance in your account each month.


Benefits:

Multiple Currencies

Available in Saudi Riyals as well as other major currencies approved by SAIB.

Free cheque-book

Free cheque-book (Available only for Saudi Riyal Accounts).

Account Statement

Your choice of statement frequency (i.e. monthly, quarterly, half-yearly or yearly).

Settlement of bills and payments

Settlement of bills and payments through SADAD and ability to transfer funds locally and internationally.

Free access to your account through multiple channels :

Flexx Click - Internet Banking Flexx Call - Contact Center Flexx Touch – Mobile Banking ATMs Branches 

The Saudi Investment Bank - Salary Account

Minimum Balance

No minimum balance

Currencies

Available in Saudi Riyals only.

Monthly Fee

No minimum balance requirements or fall below fee is charged.

Description :

It is a Sharia compliant current account specially designed to meet the requirements of individual customers transferring salary to SAIB.


Eligibility:

Age:

18 years.

15 years for Saudis holding a valid ID card.

Nationality:

Saudis.

GCC citizens with valid passport, or national identity card (applicable only to citizens of Bahrain, Oman, Qatar and UAE), and proof of address in the Kingdom (evidenced by a utility bill, house rental contract, real estate title deed, or a letter from a Saudi citizen attesting to the GCC citizen’s address) along with their home country address.

Non-Saudis (and Non-GCC) holding a valid residency permit (Iqama).

Documents required:

• A filled out account opening application booklet. 
• Copy of a valid national ID document. 
• Salary assignment letter from your employer. 
• For expatriates, a letter of introduction from the sponsor is also required.

Features:

• No minimum balance requirements or fall below fee is charged.

• No minimum deposit required to open the account.


Benefits:

Saudi Riyals

Available in Saudi Riyals only.

Free cheque-book

Free cheque-book (Available only for Saudi Riyal Accounts).

Account Statement

Your choice of statement frequency (i.e. monthly, quarterly, half-yearly or yearly).

Settlement of bills and payments

Settlement of bills and payments through SADAD and ability to transfer funds locally and internationally.

Free access to your account through multiple channels :

Flexx Click - Internet Banking Flexx Call - Contact Center Flexx Touch – Mobile Banking ATMs Branches

Riyad Bank - Current Account

Minimum Balance

No minimum balance

Currencies

Saudi Riyal, GBP, USD and EUR

Monthly Fee

Description :

Opening a Current Account with Riyad Bank gives you the freedom to track your cash flows and access a range of other products and services.

Eligibility:

• Valid National Identity Number/Iqama

• Registered in Absher system for verification via the National Single Sign-On system

• The age must be 15 years old and above (in Gregorian calendar)

• Registered in the National Address


Documents required:

• Saudi ID or Iqama.

• Completing the application form.


Features:

• Available in Saudi Riyal and other major currencies.

• Payments can be made using Riyad Bank mada Card or cheque book.

• Account statements with itemized transaction details.

• Combined account statements for multiple account holders.

• Electronic bill payments in part or full.


Benefits:

• Multiple ways to access your account

• Free e-banking services

• Combined monthly statements


Banque Saudi Fransi - Current Account

Minimum Balance

0 SAR

Currencies

Multiple Currencies for opening account in SAR, USD or GBP

Monthly Fee

Summery:

Our Currents Account meets your needs without a minimum balance. It enables you to easily and smoothly perform your daily banking transactions.

Documents required

Fill in account opening application 

Saudis’ valid ID 

Family registration ID or certified family record with personal identifier companion (for ladies only) 

For non-Saudis (a valid Iqama and passport) 

Valid passport for GCC citizens, or national identity card

Eligibility

The customer must be at least 20 years old.

Features:

Multiple Currencies for opening account in SAR, USD or GBP 

Free ATM card “MADA” 

Free Checkbook 

Cash Withdraw from any ATM within the Kingdom and abroad 

Paying for purchases within the Kingdom and abroad 

Free access to your account through multiple channels (Fransi plus, Fransi Mobile, Fransi Phone, ATM and branches)

Benefits:

Paying bills via Sadad service 

Transfer funds within and outside the Kingdom 

Free monthly statement 

Free SMS notification 

Possibility of transferring the salary 

Bank AlJazira - Current Account

Minimum Balance

0

Currencies

The possibility of opening the account in Saudi Riyals or any other currencies

Monthly Fee

0

Summery:

Holding a current account from Bank AlJazira is the best way of managing your financial activities through different channels that simplifies your personal banking experience.

Documents required

The Saudi citizen must possess a valid national ID or valid residency.
You must be registered in the Absher service to authenticate and approve your application.
Your mobile number.
A valid email address.
You must be registered with the National Post
The customer must be over 18 years old.
In the event that the age of the applicant to open a Bank AlJazira online account is less than 18 years, he must visit the branch accompanied by a guardian.

Features:

No minimum balance requirement for account opening 

Ability to open current accounts using Saudi Riyals, or any other currency 

Enjoy 24/7 secure access to 

AlJaziraOnline 

AlJazira SMART 

AlJazira Phone 

You will receive an International ATM Card instantly 

Daily transfer limits through AlJazira Online up to SAR 100,000 

Daily transfer limits through AlJazira SMART up to SAR 100,000 

Enjoy selecting your check book from a variety of our collection 

SADAD Utility and Government services fee payments 

SMS alerts to confirm and update your latest banking transactions 

Enjoy the special features and services for our salary transfer customers

Saudi Awwal Bank - Islamic Current Account

Minimum Balance

SAR 1000

Currencies

Saudi Riyal, GBP, USD and EUR

Monthly Fee

Description :

SABB’s Islamic Current Account offers you all the benefits you are looking for. This account provides you with a cheque book and an ATM Card so you can access your account easily and make transactions anywhere in the world.

Documents required:

• Account opening form.

• Copy of National ID or Resident Identity.


Benefits:

• Islamic Current Accounts can be opened in Saudi Riyals, US Dollars, GB Pounds or Euros

• Free cheque book

• ATM card with unlimited transactions anywhere in the world

• Free SMS alerts

• Standing Instructions Service

• Statements in Arabic or English

• Free access to your account at any time via SABB Direct (telephone banking) or SABBNET (internet banking)


Arab National Bank - Current Account

Minimum Balance

No minimum balance

Currencies

Saudi Riyal, Euro, US Dollar and GBP

Monthly Fee

Description :

ANB current account allows you to conduct all your banking transactions in a smooth, efficient and speedy manner.

Fees & Costs:

• Opening current: Free

• Required amount to open an account: Not required

• Balance falling less than required limit: Not Applicable

• SMS Notification alert: Free

• Monthly statement by regular mail or email electronically: Free

• Account statement less than one year via branch: SAR 28.75

• Account statement from one year to five years via branch: SAR 34.50

• Account statement more than five years via branch: SAR 57.50

• Buying / Selling foreign currency: Published board rate

• Cash withdrawal or deposit via branch: Free


Eligibility:

Minimum age is 18 years.

Documents required:

• Saudi ID or Iqama.

• Completing the application form.


Benefits:

• Option to select from conventional or Sharia compliant current account type.

• Open your account with any amount in Saudi Riyal, Euro, US Dollar, GBP or other major foreign currency.

• Get one or more ANB ATM cards for using at ATM’s or for purchases at retail outlets.

• Secure banking with ANB mobile, which provides you with the latest information on your accounts through SMS alerts sent to your mobile phone.

• Facility of ANB Phone Banking and ANB net to conduct your transactions 24/7 from anywhere.

• Personal cheque book on request.

• Periodic statement of account in Arabic or English.

• Access your account easily and make inter-branch transactions from any ANB branch.

• Pay your utility bills through our electronic channels or branches.

• Standing Instructions can be set-up for transfers or bills payments.

• Transfer funds within and outside the Kingdom with peace of mind.


Alinma Bank - Current Account

Minimum Balance

Currencies

SAR, GBP, USD and EUR

Monthly Fee

Description :

At Alinma Bank, the concept of partnership represents our ongoing commitment to you, our valued customer. That commitment entails continually innovating on your behalf, to provide you with the kinds of services and solutions that address your ever-evolving needs. And our qualified customer service representatives strive to understand your needs and aspirations in order to ensure that your experiences with Alinma will always be exemplary, wherever your financial life may take you.

Eligibility:

Minimum age is 18 years.

Documents required:

• Valid national I.D. (for Saudi nationals).

• Valid Iqama & passport (for foreigners).

• Completed current account “Relationship Agreement” application.


Benefits:

• Access your account anytime, anywhere.

• Take advantage of all services bundled with your current account

• Instant “smart chip” alinma mada debit card issuance (first time in Saudi Arabia).

• Instant discounts at selected stores when using Alinma mada debit card for point-of-sale (POS) .purchases (first time in Saudi Arabia).

• Checkbooks and checking services.

• Access to Alinma Internet, Alinma Phone, Alinma ATM & Alinma Mobile.

• Al-Had Al-Shamel (credit limit).

• International account numbers (IBAN) issued immediately.

• Cash withdrawals and deposits via Alinma ATMs or branches.

• Account-to-account money transfers (inside Alinma Bank).

• Domestic and international money transfers (outside Alinma Bank).

• Additional debit cards available upon request.

• Domestic and international point-of-sale (POS) debit card purchases.

• Bill payments.

• Subsidiary accounts in Riyals or other currencies.

• Currency exchange services.

• Ability to schedule automatic transactions by creating standing orders with Alinma Bank, as well as other local and international banks.

Qatar National Bank Saudi Arabia - Current Account

Minimum Balance

Currencies

SAR, Qatari riyal, USD, British pound or Euro.

Monthly Fee

Requirements:

• A copy of the national card / residence / passport.

• Account opening application form with terms and conditions.

Benefits:

• Overdraft is not permitted

• Interest is not applied to the account• Accounts are available in Saudi Riyals, Qatari Riyals, US Dollars, Sterling Pounds or Euros.

• No minimum balance fees

• Subject to the approval and supervision of the Sharia Supervisory Board

TC Ziraat Bankasi Bank Saudi Arabia - Current Account

Minimum Balance

Currencies

SAR, USD

Monthly Fee

Description :

You can open current accounts denominated in SAR, USD and by visiting our Branch with your valid ID/Residence Permit and other documents.

Eligibility:

For individuals only.

Documents required:

Valid ID/Residence Permit

Other documents.

National Bank of Kuwait Saudi Arabia - Current Account

Minimum Balance

Currencies

Monthly Fee

Description :

You prefer quick, convenient and secure way to perform your banking transactions, so NBK KSA makes it happen. A flexible way to secure your payments via check and enjoy the convenience of an ATM Debit Card for personal accounts. Enjoy simple features for your day-to-day banking needs, no matter your lifestyle.

Requirements:

No opening amount is required.

Benefits:

• Access to over 650,000 Visa ATM machines globally

• Free NBK Online Banking and easy access to NBK Call Center through 800-1266677

• Checkbook available – Upon request

• Free – No minimum balance fees


Emirates NBD Saudi - Current Account

Minimum Balance

Currencies

Monthly Fee

Description :

Convenience. Benefits.

All in one account.

Meet your daily needs and have options for how to save for the future you deserve. Maintain an account in Saudi Riyal or 6 other major currencies and enjoy a host of convenient services and benefits


Benefits:

• Free Electron Debit Card accepted worldwide.

• Supplementary Cards for your family members.

• Chequebook facility.

• Easy day to day banking with a more personal touch

• With our Current Accounts we will take care of all your financial needs, while keeping you in complete control.

• Standing Order facility to manage your monthly payments.

• Transfer funds with in accounts, locally & globally.

بنك البلاد - حساب جاري اونلاين

Minimum Balance

Currencies

Monthly Fee

The Saudi Investment Bank - Travel Account

Minimum Balance

No minimum

Currencies

SAR

Monthly Fee

Description :

A one of its kind Current Account (additional account), linked to a reward structure, in the form of Travel Miles. These Travel Miles will be earned monthly based on the average monthly balance in Travel Account and redeemed against Saudia AlFursan miles by the customer through the bank's application.

Features:


Terms and Conditions

• Account can be opened and operated digitally only, through SAIB’s Mobile Banking app, and to know how to open and operate the account, click here

• Through Travel Account, the customer can make internal transfers between SAIB accounts, load, and unload transactions from Travel Card and receive incoming SARIE and SWIFT transfers only.

• Other transactions involving Outgoing SARIE, ATM withdrawals, branch withdrawals, SWIFT, cheque encashment are excluded.

• No cheque book or debit card will be issued for Travel Account.

• Each customer can open one Travel account only

• Fees are applicable to the Travel Account product as per the regular tariff of the Current Account on SAIB’s website.

• There are no charges and minimum balance requirement for opening the account.

• The customer will earn reward miles each month based on monthly average credit balance in Travel Account.

• There is no minimum or maximum amount of deposit to earn miles.

• The customer must provide the bank the correct Saudia AlFursan membership number, and the customer undertakes that the membership number is correct and owned to the same account holder and membership holder.

• Customers have to redeem the Travel Miles to their Saudia AlFursan account by themselves, through bank’s internet and mobile banking.


Benefits:

Travel Miles

Travel Miles can be earned monthly and automatically based on the average monthly balance in Travel Account.

Easy Account Management

You can easily check your account balance, track the earned, converted and redeemed miles etc., through SAIB’s Mobile Banking app.

WooW Loyalty Program

Customers will earn WooW points on all their eligible transactions.

Shari’ah compliant

Easy Miles Transfer

Travel Miles can be easily transferred to the customer’s account in Saudia Alfursan Program in orde r to buy airline tickets, upgrades seats. To know how to open and operate the account, click here

Full Digital Experience

A fully digital account, that can be opened and managed easily through SAIB’s Mobile Banking app.

No minimum Balance

There is no minimum balance requirement or hidden requirements and charges


Alrajhi Bank - Dependent Account

Minimum Balance

Currencies

SAR

Monthly Fee

Free

Description :

It is an electronic service that allows the existing customers (parents only) to open a current account for his children with limited privileges using the alrajhi bank app. The age of eligibility is from the date of birth till the age of 15.

Features:

Requirements 

Have an existing checking account

Benefits:

The possibility of determining the amount to be deducted for the beneficiary with ease

Issuance of an ATM card

Domestic deposit and transfer.

Pay bills.

Payment via POS and online.

To register and activate in the Mubasher service.

Al Rajhi Bank - Family Account

Minimum Balance

Currencies

SAR

Monthly Fee

Free

Description :

It is a free service for all customers, the family account service allows the opening of branching accounts from the main account of the followers, through the application of Al Rajhi Bank, as well as enables the service "Family Account" to transfer, monitor, control and manage the family budget with ease and ease.

Benefits:

Free service with no administrative fee

Open the account immediately through alrajhi bank without needing to visit the branch.

A mada card can be issued for each family member.

Follow up on family expenses.

Get text messages to track account operations.

Managing the family budget.

Promote savings and expense management methods.

Setting appropriate limits for expenses.

Granting access to each family member to his sub-account through alrajhi bank app

Easy access to control and management of sub-accounts allocated to family members.

Statement of account for all transactions.

بنك فيجن - الحساب الجاري

Minimum Balance

Currencies

Monthly Fee

بنك فيجن - حساب العائلة

Minimum Balance

Currencies

Monthly Fee

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