How to Open a Bank Account in Saudi Arabia

The procedure for opening a bank account in Saudi Arabia is simplified. Unlike before, many banks are offering an account without the sponsor’s no-objection letter.

Many leading banks like Alrajhi, Alahli and Alinma bank are allowed to open a current account online.

Click here to open an account with Alinma Bank

Click here to open an account with Alrajhi Bank.

Click here to open an account with Al Ahli Bank

Visit the account opening link and enter your Iqama number and local details.

National address is mandatory for opening new bank accounts in Saudi Arabia. If you are not yet registered with the Saudi National Address system, Register Now.

Verify your number with an OTP.

Once the online registration is successfully completed, you can visit the nearest branch with your original Iqama and sign the account opening agreement over there.

Your new account will be activated on the same day. You may receive your ATM card on the same day or next working day.

Once the ATM card is received, you can go for an online banking registration. Through online or ATM you can apply for a cheque book (if needed).