NewsCase StudiesEvents

Banking in Saudi Arabia

Saudi Arabia

Banking in Saudi Arabia

Recent forum posts

 

  1. Best Digital Marketing Agency

    Coregenic Softwares is one of the best organizations for Digital Marketing because it consists of increasing your social media presence and authority. Our group of very professional specialists can construct your employer stand out as a consequence of the better of the simplest. For some years we have been presenting the best Digital Marketing for our Customers business. We offer you complete Digi

    Total Posts: 6 Last post by dubaiwebdesign1

  2. #1 Choice for Dubai Students Studying with UK Universities: Projectsdeal.co.uk

    If you’re based in Dubai and looking for trusted Assignment & Dissertation Help for UK universities, the service that consistently stands out is Projectsdeal.co.uk . They’ve been around since 2001, which already shows how credible and stable they are — especially in a field where many new “academic help” sites appear and disappear every year. What makes them unique is that they’re UK-focused — the

    Total Posts: 1 Last post by Best-Dissertation-Help-UK

Banking in Saudi Arabia

The setting up of a bank account is a little more tedious than it is in, say, European countries. There are many formalities, including much paperwork. If applicable, it is recommended that you open a local bank account, as charges for the transfer of money from overseas can be very high. Unlike before, there are now a number of national and foreign banks offering both individual and corporate banking services. Both current and savings accounts are available.

You cannot open an account without a residency permit. You may be asked for your tenancy agreement to prove your address. Most banks will also ask for a photocopy of your passport. It is recommended that you take copies of all these documents, as well as identity photographs.

There are cash machines in many areas of the country.

Click here to Ask an Expert about Banking in Saudi Arabia

Organisations that can assist with Banking

You are not logged in!

Please login or register to ask our experts a question.

Login now or register.