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Current Accounts in Saudi Arabia

Current accounts in Saudi Arabia are not necessarily cheque accounts, although these are also available. In the kingdom, people are mostly wary about cheques, and cash is the most preferred option for payment, even among utility companies other major service providers.

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Browse a selection of current accounts specially designed to meet the needs of expatriates and people with international lifestyle.
  Minimum
requirement
Payment
methods
Multi currency account Manage
Premier International Account

Premier International Account in Saudi Arabia

£2,500, €2,500, $3,500 Debit card, cheque book (Sterling accounts only) £/$/€
  • Phone
  • Internet

New customers who open a Sterling account can earn 1% AER interest for the first 3 months of account opening if a balance of between £10,000 and £24,999 is maintained. No monthly fee charged if minimum monthly balance of £2,500/€2,500/$3,500 is maintained.

Get A Free Quote Premier International Account in Saudi Arabia
HSBC International

HSBC International in Saudi Arabia

£5,000,$10,000,€10,000 Cash Card, Cheque Book, Debit Card £/$/€
  • Phone
  • Internet

Flexible international current account for day-to-day banking in sterling, US dollars and euro, with debit card /chequebook

Get A Free Quote HSBC International in Saudi Arabia
BNP Paribas Personal Investors

BNP Paribas Personal Investors in Saudi Arabia

EUR 50,000 International debit and credit card, deferred debit cards available 26 currencies: euro, US dollar, pound sterling, Swiss franc, Singapore dollar, Hong Kong dollar, etc.
  • Phone
  • Internet

Day-to-day cash management in different currencies around the world.
As an expatriate you benefit from our preferential fee structure “Expat Investors”:

  • No transfer fees for bank transactions
  • Reimbursement of transfer fees charged by your bank
  • Reduced foreign exchange fees
  • 50 % discount on the annual account management fees
  • 50% discount on the annual fees for an international bank card (Visa, Mastercard)
Get A Free Quote BNP Paribas Personal Investors in Saudi Arabia
Additional Product Relationship Manager Account

Additional Product Relationship Manager Account in Saudi Arabia

£50,000 or currency equivalent Debit and credit cards (£), deferred debit cards available £/$/€
  • Phone
  • Internet
  • Branch

Dedicated Relationship Manager taking care of your banking needs including; Currency exchange services, Introduction to tax services, Free financial review, International mortgage advice for property purchases in the UK, Jersey, Guernsey, Isle of Man and Gibraltar, Advice from international investment experts.

Get A Free Quote Additional Product Relationship Manager Account in Saudi Arabia

Guides & Articles for Current Accounts in Saudi Arabia

Jobs in Saudi Arabia

In Saudi Arabia, visas are issued for business and work with a minimum processing time of 48 hours and a validity period of 90 days. However, with a sponsor, one can request for an extension. The processing fee, when paid at a KSA embassy, will cost 16 USD when the fee is paid at an embassy or 267 USD when paid by an employer in Saudi Arabia. Read More >

Cost of Living in Saudi Arabia

Considering the Kingdoms' general lack of taxation and huge salary or wages offered to workers, a significant cost-lowering impact is inevitable on most commodities. Cost of imported food is naturally high but there are plenty of cheaper locally produced alternatives that are of excellent quality. Read More >

Banking in Saudi Arabia

Many expatriates open offshore bank accounts to avoid income tax in their own countries. You may find opening an offshore bank account to be advantageous if you want to earn interest while keeping funds reasonably fluid in the short to mid-term. You may use your offshore account as a central source from which to send funds to other locations, including an account in your home country. Allied benefits include depositing and marinating money in wide range of currencies on which interest paid is...Read More >
More articles & guides for Current Accounts in Saudi Arabia
US Expat Tax Filing
US Expat Tax Filing

US expats are expected to continue filing taxes in the States even while living abroad. Learn about your tax obligations today.

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Opening an offshore banking account through an expat bank doesn’t need to be stressful. In fact, with ExpatFinder’s listing of banks with multi currency account and other international account, it couldn’t be easier. When you want to open bank account for any reason, for currency exchange to bill payments, ExpatFinder’s partners are ready to show you your options and assist every step of the way to ensure you are opening bank account that will fulfil all of your expat banking needs.

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