Duration
From 1 week to over a year
Minimum Amount
No minimum balance
Annual Interest Rate
Interest Payment frequency
Time Deposits (Local Currency)
Riyad Bank - Time Deposits( In SAR)
Documents required:
• National ID for Saudis nationals.
• Valid resident Identity card for non-Saudi nationals.
• Clear Postal Address (additional home address is required for non-Saudis).
Features:
• Choose from customized terms
• Returns calculated and accrued on daily basis
• Security of funds
• Automatic rollover including the interest or withoutInvest in Saudi Riyals.
• Choose to invest for one week up to more than a year
• Option to add or withdraw from the principal amount
• Easy administration
• Efficient support from a dedicated team