Opening a bank account in Saudi Arabia as an expatriate or visitor has never been easier. Al Rajhi Bank, one of the Kingdom’s largest and most trusted Islamic banks, now allows you to open a current account entirely online without visiting a branch. Whether you’re a new resident, visitor, or looking to switch banks, this guide walks you through everything you need to know.
Why Choose Al Rajhi Bank?
Al Rajhi Bank stands out as one of Saudi Arabia’s most accessible banking options for expatriates and visitors. The bank has streamlined its account opening process to be completely digital, meaning you can have your account up and running within minutes from the comfort of your home.
The current account is free to open and comes with numerous benefits including a free Mada debit card, access to online banking, standing orders, and the ability to pay government bills through SADAD. For expatriates and visitors, this removes the hassle of branch visits and long waiting times.
Who Can Open an Al Rajhi Bank Account?
Al Rajhi Bank current accounts are available to:
Saudi Nationals: Must be at least 15 years old with a valid National ID card.
GCC Citizens: Must be at least 18 years old, hold a valid passport, and provide proof of address in Saudi Arabia.
Expatriate Residents: Must be at least 18 years old and hold a valid residency permit (Iqama).
Visitors: Can now open accounts using a valid Visitor ID, making it convenient for those on tourist or business visit visas.
The bank has made it particularly straightforward for both expatriates and visitors, requiring only basic documentation that most people already have or can easily obtain.
Requirements for Opening an Account
Before you start the application process, make sure you have:
Valid Identification: One of the following:
- National ID (for Saudi citizens)
- Iqama (for expatriate residents)
- Visitor ID (for those on visit visas)
Absher Account and Updated Nafath App: You must have an active Absher account and the latest version of the Nafath app installed on your smartphone. This is Saudi Arabia’s national digital identity verification platform and is essential for the account opening process.
Saudi Mobile Number: The mobile number must be linked to your name or the name of a first-degree relative (parent, spouse, child, or sibling). The bank will send verification codes to this number throughout the process.
Registered National Address: Your address must be registered with the Saudi Post for National ID or Iqama holders. The system will automatically retrieve this information during your application.
Email Address: A valid email address for account communications and statements.
If you don’t have some of these requirements yet, you’ll need to arrange them first. The Nafath app, in particular, is essential as it’s used to verify your identity digitally without visiting a branch.
Step-by-Step Guide to Open Al Rajhi Account Online
Step 1: Download the Al Rajhi Mobile App
Start by downloading the official Al Rajhi Mobile App from your device’s app store. The app is available for both iOS (App Store) and Android (Google Play). Make sure you download the official app to avoid security issues.
Step 2: Begin the Sign-Up Process
Open the app and look for the “Sign Up” option on the main screen. Tap on it, then select “Open New Account” from the available options.
Step 3: Enter Your Basic Information
You’ll be asked to provide your mobile phone number and identification number (National ID, Iqama, or Visitor ID). Double-check that these details are correct, as any mistakes will cause delays. Read the terms and conditions, check the agreement box, and tap “Confirm” to proceed.
Step 4: Verify Your Mobile Number
The bank will send a verification code to your mobile number via SMS. Enter this code in the app to confirm that you control the mobile number you provided. Remember, this number must be registered under your name or a first-degree relative’s name.
Step 5: Provide Personal Details
You’ll need to enter additional information including your education level, email address, and home country address. Fill in all required fields accurately. This information helps the bank complete your customer profile.
Step 6: Complete Nafath Verification
This is a critical step. The app will generate a 2-digit code and prompt you to verify your identity through Nafath. Open your Nafath app, approve the authentication request, and complete the face scan verification. This confirms your identity without needing to visit a branch.
Step 7: Confirm Your National Address
If you’re using a National ID or Iqama, your registered national address will automatically appear on the screen. Verify that all details are correct. If there are any errors, you may need to update your address through the Saudi Post before continuing.
For Visitor ID holders, you may need to provide your current address details manually.
Step 8: Additional Personal Information
Select your marital status (single or married), enter your birthplace, and provide details about your monthly income. This information is required for regulatory compliance.
Step 9: Tax Information
You’ll be asked whether you’re a tax resident in any country outside Saudi Arabia. Answer honestly, as providing false information can lead to account issues later.
Step 10: Set Up Account Access
Create a username and password for your online banking access. You’ll also need to set a 4-digit PIN for your digital debit card. Choose something secure but memorable.
Step 11: Verification Call
After completing all steps, you may receive a verification call from the bank. This is a standard security measure. Answer the call and provide any information they request to verify your identity.
Step 12: Account Confirmation
Once everything is verified, you’ll receive your Account Number and IBAN immediately on the screen and via SMS. Congratulations, your account is now open!
How to Activate Your Al Rajhi Bank Account
Opening the account is just the first step. To actually use it for transactions, you need to activate it.
Open the Al Rajhi Mobile App and log in using the username and password you created. You’ll receive another verification call from the bank. During this call, you’ll need to answer security questions or provide specific information to confirm your identity. Once this verification is complete, your account will be activated instantly and ready for use.
How to Get Your Al Rajhi Mada Debit Card
Al Rajhi Bank has made getting your debit card incredibly convenient. Instead of waiting for a card to be mailed to you or visiting a branch, you can print your Mada card instantly at any Al Rajhi Bank Self-Service Kiosk.
Printing Your Card
Find your nearest Al Rajhi Bank branch with a self-service kiosk. These kiosks are available at most branches across Saudi Arabia. Once there, select your preferred language (Arabic or English) and tap on “Print Al Rajhi Bank Mada Card.”
Enter your Iqama, National ID, or Visitor ID number and confirm the details. The system will send a verification code to your registered mobile number. Enter this code to proceed.
You’ll be given options for how you want your name to appear on the card. Choose your preferred format.
Finally, scan your fingerprint on the kiosk reader to verify your identity. Within moments, your personalized Mada card will print out and be ready to use.
How to Activate Your Mada Card
Your newly printed card needs to be activated before you can use it for transactions. The activation process is simple and takes just a minute.
Locate any Al Rajhi Bank ATM and insert your new Mada card. Select any transaction option (such as balance inquiry). The ATM will prompt you to set a 4-digit PIN for your card.
Choose a PIN that you’ll remember but that others can’t easily guess. Avoid obvious combinations like 1234 or your birth year. Once you’ve set your PIN and confirmed it, your card is immediately activated and ready for purchases and ATM withdrawals.
Current Account Features and Benefits
Al Rajhi Bank’s current account comes with several advantages that make banking easier:
Free Account Opening: There are currently no fees to open a current account with Al Rajhi Bank.
Branch Flexibility: Open your account anytime with complete freedom to choose which branch you want to associate with.
Standing Orders: Set up automatic recurring payments for bills and transfers.
Monthly Statements: Receive account statements in Arabic or English directly through the mobile app or email.
Easy Online Banking: Perform all banking transactions through the Al Rajhi Mobile app or Al Mubasher online banking platform.
ATM Card (MADA): Get a free Mada debit card that you can use at over 27 million retail outlets in Saudi Arabia and internationally.
Local Transfers and Deposits: Transfer money to other accounts without fees.
SADAD Bill Payments: Pay government bills and utility payments directly through your account.
International Transfers: Send money abroad (depending on account permissions).
Cash Withdrawal and Deposits: Use any Al Rajhi Bank ATM for free cash transactions.
Smart Chip Technology: Your Mada card uses smart chip technology and is accepted at Point of Sale terminals throughout Saudi Arabia and at over 25 million retail outlets worldwide.
Exclusive Benefits for Salary Transfer Customers
If you transfer your salary to your Al Rajhi Bank current account, you’ll unlock additional benefits and easier access to financing products. The bank offers special privileges to customers who receive their monthly salary through Al Rajhi.
Easier Finance Requirements: Simplified approval process for personal loans.
Personal Finance: Available to all individuals who transfer their salary (minimum monthly salary of SAR 10,000 required).
Car Finance: Available with more favorable terms.
Zero Down Payment Car Lease: No upfront payment required (compared to 5% down payment for non-salary transfer customers).
Home Finance: Access to home financing products.
Land Finance: Financing available for land purchases.
Credit Cards: Easier approval for credit card applications.
These benefits apply only to customers whose employers are approved by Al Rajhi Bank for salary transfer arrangements.
Fees and Charges
Al Rajhi Bank maintains transparency about its fees. Here’s what you need to know:
Free Services:
- Issuance of new card upon opening account
- Issuance of ATM card
- ATM cash withdrawal and deposits within Saudi Arabia
- Use of Mada cards at Point of Sale terminals
- ATM card renewal
- Re-issuance of ATM card retained by an ATM
- Naqad service (purchase with cash back)
Paid Services:
- Re-issuance of lost, damaged, or blocked ATM card (after 3 invalid password attempts): SAR 30
- International ATM cash withdrawal: SAR 25
- Balance inquiry at international ATMs: SAR 3.50
- Card replacement (lost or damaged): SAR 30
Transaction fees are subject to change, so always verify current charges on the official Al Rajhi Bank website before making international transactions.
Frequently Asked Questions
Are there any transaction fees?
For basic services like local ATM withdrawals, Mada card usage, and account opening, there are no fees. International transactions and card replacements do carry charges as outlined above.
Can I open an account with a Visitor ID?
Yes, Al Rajhi Bank now accepts Visitor IDs for account opening, making it convenient for tourists and business visitors to open accounts during their stay in Saudi Arabia.
What if my mobile number is registered under a relative’s name?
Al Rajhi Bank accepts mobile numbers registered under the name of a first-degree relative. Just make sure you have access to receive the verification codes.
Can I open multiple accounts?
Yes, you can subscribe to more than one current account service if you meet the eligibility requirements.
Can I use my Smart Chip Mada card internationally?
Yes, your Al Rajhi Bank Mada card is accepted at Point of Sale devices throughout Saudi Arabia and at over 25 million retail outlets worldwide. You can also withdraw cash at international ATMs (charges apply).
Final Thoughts
Opening an Al Rajhi Bank account online is straightforward and can be completed in less than 15 minutes if you have all your documents and requirements ready. The bank has made significant efforts to simplify the process for expatriates and visitors, removing the need for branch visits for most account opening steps.
Remember to keep your account details secure, never share your PIN or passwords, and regularly monitor your transactions through the mobile app. With your new Al Rajhi Bank account, you’ll have access to one of Saudi Arabia’s most established banking networks.