Services · Personal accounts

Personal accounts: Saudi Arabia

An honest assessment before work starts, the quote is fixed in writing.

We assess your chances against your profile, prepare the compliance file, help you present your source of funds properly and handle communication with the bank until it decides. The final decision always rests with the bank, so no one can guarantee an opening - careful preparation simply improves the odds.

We quote the exact cost for this country after a short consultation: it depends on the bank and your residency. The quote is fixed in writing before work starts.

Fees

Service	Price
Personal account - opening assistance	on request

Prices are indicative and cover our work on a typical case. We confirm the exact quote in writing after a short call - you know the final number before we start. Government fees and bank tariffs are billed separately unless explicitly included.

FAQ

Can a non-resident open a bank account in Saudi Arabia?

Effectively no. Ordinary current accounts go to citizens and iqama holders; a tourist or remote applicant will not be onboarded. It is one of the most closed retail banking systems in the region for non-residents.

What do I need as a foreign resident?

A valid iqama, passport, employer letter, national address and a local mobile number, all checked against government registries. Once that is in place, opening is usually quick and often done in the bank's app.

What happens to my account if I leave Saudi Arabia?

The account is tied to a valid residency status, so when the iqama expires the bank restricts and eventually closes it. Plan the transfer of funds and the closure before you leave.

Does Saudi Arabia report accounts under CRS?

Yes, the Kingdom takes part in CRS exchange. Currency and AML controls also apply, so large transfers will trigger source-of-funds questions.

Personal accounts: Saudi Arabia

Fees

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FAQ

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