Expat Remittances Drop 18% In January

Remittance outflows by expatriates in Saudi Arabia declined 18 percent year-on-year to SAR 10.39 billion in January, data issued by the Saudi Arabian Monetary...

Transfer Money To India Through REMIT MONEY Without Charges

Now through axis banks' REMIT MONEY, you can transfer money to your Indian bank account without the service charge. Requirements: A bank account in Saudi Arabia with...

Expat Remittance Is Falling- A Comparison With 2016

Remittance of expatriates in Saudi Arabia fell 5 percent year-on-year to SAR 12.2 billion in October, data issued by the Saudi Arabian Monetary Authority...

Expat Remittance Steadily Falling

Remittances by foreign workers steadily falling in recent months as banks in Kingdom reported a gradual decline in foreign remittances. The introduction of the...

SHOURA REJECTS THE PROPOSAL OF EXPATS REMITTANCE TAX

Shoura Council of the Saudi Arabia has rejected the proposal of tax on expat remittances after the statement of Finance ministry, 73% percent of...

Saudi Local Bank Transfer – Procedure, Fee And Timing

Saudi Local Bank Transfer Fee and Procedure Transferring money between two Saudi Arabia local bank accounts is now simplified. For this purpose, one must know following details ...
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