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
- Beneficiary Account Name
- Beneficiary Account Number
- Beneficiary Bank
- Beneficiary IBAN Number
If you don’t know IBAN number Click here to generate IBAN number.
Adding Beneficiary Account
You can add the beneficiary account through online. Activation required after adding the beneficiary account. Activation can be done by OTP received on registered mobile or Calling to IVR or by ATM.
Once successfully added, you can transfer money from the Mobile app or online banking or from the ATM.
Saudi Local Bank Transfer Timing
Transfer between two banks only possible during working hours. You can transfer real-time between Sunday to Thursday 10 AM to 3 PM. Transfer after working hours will credit next working day.
Saudi Local Bank Transfer Fees:
From Online/ ATM: Same day transfer charge is 7.35 SAR and Next day transfer charge is 5.25 SAR
From Branches: 26.25 SAR