Now, through the Axis banks’ REMIT MONEY, you can transfer money to your Indian bank account without the service charge.
A bank account in Saudi Arabia with internet banking facility
Indian bank account number, name and IFSC number
If you have an Alawwal Bank account (Previously Saudi Hollandi Bank) no service fee.
Otherwise local transfer fee – 5 or 7 Riyals
Visit www.remitmoney.com and register a new account by entering your details
Once successfully activated your remit money account, go to Add receiver option and fill up your Indian bank account details
Then go to My Overseas Account option and register your Saudi bank account number.
Now go to money transfer and enter the desired amount and fill up your details then proceed.
In the final step, remit money will generate one Transaction Reference Number along with their Saudi local bank account number (Saudi Hollandi Bank / Alawwal Bank)
Open your internet banking and transfer the amount to remit money’s local bank account with the provided transaction reference number.
Within 24 hours the money will be credited to your Indian bank account.
You can track money transfer status by logging a REMIT MONEY account