Expat remittances rise 29% in September to SR 13.2 bln

Expat remittances rise 29% in September to SR 13.2 bln

Expat remittances from Saudi Arabia increased by 29 percent to SR 13.21 billion in September 2020, compared to the same period last year, according...
Expat remittances from Saudi Arabia grow by 6 percent in 1st quarter of 2020

Expat remittances from Saudi Arabia increase by 6 percent in 1st quarter of 2020

The amount of expatriate remittances from Saudi Arabia reached SR 33.855 billion during the 1st quarter of 2020 compared to SR 31.934 billion in...
Tahweel Al Rajhi announces free remittances through digital channels

Tahweel Al Rajhi announces free remittances through electronic and digital channels

Popular money transfer service in Saudi Arabia 'Thahweel Alrajhi' has announced free money transfers through its electronic (ATM) and digital channels (such as online...
SAUDI EXPAT REMITTANCES FELL

Expat Remittances Fell 8 Percent in 2019

Expat remittance outflows in Saudi Arabia dropped, for the 4th year in a row, by 8 percent year-on-year (YoY) to SR 125.5 billion in...
FAWRI ACCOUNT CARD

Procedure to Get Fawri Account Card

Fawri Money Transfer Services Bank Al Jazira's Fawri money transfer service is one of the popular money transfer services in the Kingdom. Fawri has recently...

Sama Directs Banks to Monitor Transactions

The Saudi Arabian Monetary Authority (SAMA) has issued a directive to all banks in the Kingdom to report any account transactions not matching...

Expat Remittances From Saudi Arabia Drop 17.6% in November

According to the Saudi Arabian Monetary Authority (SAMA), Remittances outflow by expatriates fell by 17.6%, reaching SR 9.9 billion in November as against SR...

Philippine Peso Touches 12-Year Low – Best Time to Send Money Home

Filipinos in the Mideast are expected to make a beeline at exchange houses over the next few days, as their home currency languishes in...

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