Sending money home from Saudi Arabia
Banks, apps and exchange services compared.
In short
Saudi Arabia is one of the largest remittance sources in the world. Bank apps, STC Bank and licensed providers such as Enjaz or Tahweel Al Rajhi offer cheap transfers. There is no remittance tax.
- Tax
- None
- Fees
- SAR 0–25
- Speed
- Minutes to 2 days
- Regulator
- SAMA
Step by step
Tick each step as you finish it. Open a step to see what to do.
Rate matters more than fee.
Documents checklist
Do’s and don’ts
Do
- Use only licensed providers
Don’t
- Don’t use informal hawala – illegal
Cost estimator
Untick what doesn't apply to you. These are rough figures and fees change often, so check with the authority.
Watch out
- Sending money for others or using your account for others is a crime.
Common questions
Is there a limit?
Banks may ask for source-of-funds for large amounts.
Official links
Background and more detail
Saudi Arabia is one of the largest remittance sources in the world. Bank apps, STC Bank and licensed providers such as Enjaz or Tahweel Al Rajhi offer cheap transfers. There is no remittance tax.
Key facts
- Tax: None
- Fees: SAR 0–25
- Speed: Minutes to 2 days
- Regulator: SAMA
Steps
- Compare rate and fee – Rate matters more than fee.
- Add beneficiary – Activation may take 24 hours.
- Send – Keep the receipt.
Watch out
- Sending money for others or using your account for others is a crime.
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