Table of Contents
- New Account with Al Rajhi Bank
New Account with Al Rajhi Bank
Al Rajhi Bank is a well-known financial institution in Saudi Arabia that offers various banking services to its customers. Opening a new account with Al Rajhi Bank has become easier and more convenient with the option to do it online. In this blog article, we will guide you through the process of opening a new Al Rajhi Bank account from the comfort of your home.
Requirements for New Account Opening
To open a new account at Al Rajhi Bank in Saudi Arabia, you must meet the following basic requirements set by the bank:
- Valid Iqama (Residence Permit)
- Saudi Arabian-issued mobile number
- Nafath Registration
- National Address Registration
- Email Address
- Minimum age requirement of 15 years or older
Once you have the above requirements ready, the process of opening a new account at Al Rajhi Bank is easy. Here is the step-by-step process:
How to Open an Al Rajhi Bank Account Using Mobile App
Opening an Al Rajhi Bank account using the AlRajhi Mobile App is easy. Just download the app, follow the simple registration steps, and verify your account. After verification, you’re all set to manage your finances right from your mobile device. Here’s an easy step-by-step guide to assist you:
- Download the AlRajhi Mobile App from the App Store or Google Play
- Open the app and click on the “Sign Up” option from the main screen.
- Select the option “Open New Account.”
- Enter your mobile phone number and Iqama number; then check the agreement box and click on the “Confirm” button.
- Enter a verification code received on your mobile to continue.
- Choose your profession and income source, and enter your monthly income.
- Verify your identity using your Nafath account.
- Enter your personal information, such as your grandfather’s name, family name, and place of birth.
- Provide FATCA and CRS Information (Indicate if you are a U.S. citizen or tax resident by selecting “Yes” or “No.” Also indicate if you are a tax resident in any country outside of Saudi Arabia or the U.S. by selecting “Yes” or “No.”)
- Set a username and password for online banking (Al Mubasher Retail), and enter your email address
- You will receive your account number and IBAN number by SMS.
That’s it. You have now successfully opened a new Al Rajhi Bank account. You can request a Mada card (ATM Debit Card) through the app, or print the same by visiting a nearby self-service kiosk.
In conclusion, opening a new Al Rajhi Bank account online is a simple process. With the help of the Al Rajhi Mobile app and the step-by-step guide provided, you can easily open a new bank account from the comfort of your home. With your new Al Rajhi Bank account, you can enjoy a range of financial services and products to meet your banking needs.