Send Money from Canada to Arab National Bank in Saudi Arabia

Arab National Bank, Saudi Arabia

(ANB) is a major Saudi Arabian bank with headquarters in Riyadh. Among the Middle East's top ten banks, it has a rating of A from Standard & Poors. A total of 156 branches are located in Saudi Arabia, with Arab Bank holding 40% of the fund, making it its largest shareholder.

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How to Send Money to Arab National Bank in Saudi Arabia

With Remitbee, sending money to Arab National Bank bank accounts in Saudi Arabia only takes 4 simple steps!

  • Sign up for a Remitbee account. This step is very easy and you can even do it from a mobile device. Provide us with your full name, occupation, and address. Verify your phone number and email to make sure that it is correct.

  • Provide us with the bank details of your recipient’s account. We will need their phone number, bank name and account number.

  • Get ready for your transfer! Let us know how you would like to send, make sure you are satisfied with the exchange rate, and pay for your transfer!

  • You’re all done, the rest is up to us! We’ll send your money, and you can watch as it arrives in Saudi Arabia through the Remitbee app.

What are the benefits of sending directly to Arab National Bank ?

There are many benefits to sending directly to Arab National Bank with Remitbee. Here’s a quick overview:

  • Any transfers over $500 are free!

  • You can send money anywhere and anytime using your phone or on our website

  • Transfers can be instant with no additional charge

  • Our rates stay competitive to save you money

What information you’ll need to complete the transfer

The two separate delivery methods that we have, have different requirements. Here is the information that you’ll need to complete for each transfer method through Remitbee:

Wire transfer to a bank account

  • Who are you sending money to? Let us know by giving us their full name, exactly as it is on the account you are transferring to. This will prevent delays in your transfer.

  • Select the name of the bank that you will be sending money to. In this case, Arab National Bank.

  • Your recipient’s account number. This helps to make sure your money goes to exactly where it needs to be.

    Cash Pickup

  • Your Recipient’s name. The same as if you were sending a wire transfer.

  • The phone number of the recipient.

  • Where the money will be picked up. Please provide us with the name of the bank or other financial institution where the recipient will be picking up the money.

How Remitbee calculates the CAD to SAR exchange rate

Rates are assessed daily to keep your costs as low as possible! Transparency is one thing we pride ourselves on at Remitbee. We’ll help you track any costs within the Remitbee App before your transfer - so there are no surprises at the end. Choosing to fund your transfer with bill, Interac or debit card payment methods will result in a small fee, but you can also use the Remitbee Wallet to send money without any at all.

Send money to all major Banks in Saudi Arabia

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Frequently Asked Questions

Remitbee helps customers send money to 45+ different countries.

You can choose to pay using Bill payment, Interac Online, Interac e-Transfer, Electronic Funds Transfer or Visa or Mastercard Debit.

Transfers to Saudi Arabia usually take about a day, but some can even happen instantly!

Any transfer over 500 CAD is free. Transfers below 500 CAD are subject to the following fees:

  • E-transfer – Free

  • Bill Payment - Free

  • Electronic funds Transfer - Free

  • Interac Online - $2.99

  • Visa or Mastercard Debit - $2.99+

The CAD to SAR exchange rate is currently 1 CAD for {{SAR}} SAR. This changes daily.

The limit on the amount of money you can transfer is dependent on your account’s verification level.

With Verification Level 1, Remitbee’s minimal verification level, customers can only send 50 CAD daily, and up to 500 CAD per month.

We recommend Verification of Level 2. It will allow you to send up to 3,000 CAD daily, and up to 25,000 CAD monthly.

The best option for users who need to make larger transfers is Verification Level 3. It allows you to send 9,000 CAD daily, and up to 50,000 CAD monthly.

Verification Level 4 is also in working progress to provide our customers with even higher sending limits!

Remember, verification is a one-time process. Once you have been verified, there is no need to provide any other documents.

Download Remitbee Mobile App

Created for our customers on the go, the Remitbee app has all the functionality you expect from the website compacted into your iPhone or Android device! Designed for speed, efficiency and safety, our app is the best way to use Remitbee.