Top 8 Money Transfer Services in Saudi Arabia

By Mohammed Ameen

Updated on:

best money transfer services in Saudi Arabia in 2022

Top International Money Transfers in Saudi Arabia

When it comes to transferring money internationally, there are many options available in Saudi Arabia. With the rise of digital banking and financial technology, sending money across borders has become easier than ever before. However, with so many options to choose from, it can be overwhelming to decide which international money transfer service to use. In this article, we’ll explore the top 8 international money transfer services in Saudi Arabia, comparing their features and other important factors to help you make an informed decision.

Tahweel Al Rajhi

As a leading provider of money transfer services in Saudi Arabia, Tahweel Al Rajhi is a top choice for those looking to send money internationally. Operating as the remittance arm of Al Rajhi Bank, Tahweel Al Rajhi offers a range of options for international money transfers, including its website, ATM, KIOSK, mobile apps, and POS. If you’re considering using Tahweel Al Rajhi for your money transfer needs, it’s important to be aware of the fees associated with their services. Below is an overview of the remittance fees that Tahweel Al Rajhi.

Tahweel Al Rajhi International Money Transfer Rates to India, Pakistan, Bangladesh, Philippines, SriLanka, Remittances Fees.

SNB Quickpay

If you need to send money internationally from Saudi Arabia and are searching for a reliable and convenient service, SNB Quickpay is a great choice. Formerly known as NCB Quickpay, SNB Quickpay is one of the most popular money transfer services in the Kingdom. With SNB Quickpay, you can send money to your home country at any time using an ATM, phone banking, or the Alahli mobile app. The Quickpay mobile application is available in several languages, including Arabic, English, Tagalog, Urdu, Bengali, Bahasa Indonesia, Hindi, Malayalam, and Sinhala, making it accessible to a wide range of users. To open a new Quickpay account, simply visit one of the Quickpay centers with a valid Iqama.

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SNB Quickpay Money Transfer

STC Pay

STC Pay is a digital wallet offered by the Saudi Telecom Company (STC). It provides users with the ability to easily and quickly transfer money internationally from their phone to any location around the globe. STC Pay offers competitive rates and a variety of delivery options for its money transfer services, making it a convenient and cost-effective choice for sending money to friends and family abroad. Simply download the STC Pay app, and you’ll be able to send money in seconds from the comfort of your phone.

ANB Telemoney

ANB Telemoney is a highly-regarded money transfer service in Saudi Arabia. Its TeleMoney service is a simple, secure, and fast way to send money to your loved ones abroad. ANB Telemoney offers a range of money transfer options, including international and local transfers. With the TeleMoney app, you can easily make money transfers without the need to visit a TeleMoney center in person. Whether you need to send money internationally or within Saudi Arabia, ANB Telemoney has you covered.

ANB Telemoney money transfer centers

Fawri Money Transfer

Fawri is a leading provider of money transfer services in Saudi Arabia, operating as the money transfer division of Bank AlJazira. The company prides itself on offering the best exchange rates and the most competitive fees in the market. In addition to international remittance, the company also provides foreign exchange and fast cash services. No matter what your money transfer needs are, Fawri is well-equipped to help you get your funds where they need to go.

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Money Express

If you’re in need of a reliable money transfer service in Saudi Arabia, Money Express by Riyad Bank is worth considering. This service is a convenient and cost-effective way to send money internationally, with reasonable fees and competitive exchange rates. Whether you need to send money to family members abroad or make international payments for business purposes, Money Express can help you get your funds to their destination quickly and securely.

ERSAL Money Transfer

As the first leading remittance company in Saudi Arabia, ERSAL Money Transfer has established itself as a trusted provider of money transfer services. The company is connected to a wide network of correspondent banks that offer remittance services, and it also provides money transfer services through Western Union (WU), a globally recognized provider. ERSAL has a large network of branches throughout the Kingdom, some of which are located within Saudi Post SPL branches, and others are standalone locations. Whether you need to send money internationally or within Saudi Arabia, ERSAL Money Transfer is a reliable choice.

Ersal Money Transfer

Urpay

UrPay is a money transfer service in Saudi Arabia that allows users to send and receive money domestically and internationally. The service is available through the UrPay mobile app and can be used to transfer funds to other UrPay users, as well as to bank accounts and other financial institutions. UrPay offers competitive exchange rates and low fees, making it a convenient and cost-effective option for money transfers. Additionally, UrPay also allows transferring money using QR codes, which is a popular way of making payments in the region. Overall, UrPay is a reliable and easy-to-use money transfer service for individuals and businesses in Saudi Arabia.

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Conclusion

In conclusion, there are many excellent money transfer services available in Saudi Arabia. Whether you need to send money internationally or within the country, you have a range of options to choose from. From digital wallets and apps to physical branches and global networks, these companies offer a range of features and services to meet your needs. We hope that this article has provided you with a helpful overview of the top money transfer services in Saudi Arabia and that it has given you the information you need to make an informed decision on which one to use.

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