Send money to
Banque Saudi Fransi Account

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Why choose Banque Saudi Fransi?

The Bank of Saudi Fransi (BSF) was established by Royal Decree No. M/23 dated June 4, 1977. The bank is affiliated with Credit Agricole Corporate & Investment Bank. The Credit Agricole CIB is a fully-fledged member of the Credit Agricole Group. It is the second-biggest bank in France and ranks seventh among banks of the Eurozone by total equity. A total of 192,928,881 SR in assets are accounted for by Banque Saudi Fransi by the end of 2017.

About 120 BSF branches are located across the Saudi Kingdom, and over 3,000 employees work for the bank. As of Oct. 1, 2010, the bank had three regional offices: Jeddah, Al-Riyadh and Al-Khobar.

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How to Send Money to Banque Saudi Fransi

Register for a Free Remitbee Account

Remitbee makes it easy for you to create a free account and open a private Wallet.

Provide your personal information

Complete the information on your profile, including your name, address, and employment.

Enter Recipient's Information

Share your recipient's bank details - name, address, and account number.

Check the Exchange Rate

Confirm the CAD to SAR rate, enter the amount to be transferred, select the payment method, and send the transfer. Payment method fees remain the same no matter what the conversion rate is.

Track Your Transaction

You can relax now. A notification will be sent to you when the transfer is complete

Send to all major banks in Saudi Arabia

What information you’ll need to complete the transfer

Wire Transfer to Bank account

Recipient's name: Ensure the name appearing on the bank statement exactly matches what appears on the account. Taking this step will prevent transfer delays.
Recipient's address: This helps us identify the sender
Routing Number: Direct deposits require a routing number
Account Number: Identification of the appropriate bank account using the account number

How Remitbee calculates the CAD to SAR Exchange Rate

Our rates are based on daily market changes. We offer the most competitive rates for CAD to SAR available.

What are the benefits of sending
directly to Banque Saudi Fransi?

Safer

100% online, 100% safe! Cashless commute!

Competitive rates

Best exchange rates in the market

Complimentary

Free transfers over 500$

How international money transfers work

Transfers are sent through the Swift Network. The sender's bank sets the exchange rate, as well as any fees if any. The receiving bank receives the instructions for the transfer.

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Frequently Asked Questions

Can I send money to a Banque Saudi Fransi account using Remitbee?

Yes, you can! Just follow the instructions above

How can I pay for my international money transfer to Banque Saudi Franci?

It is possible to make a payment using an Electronic Funds Transfer, Interac e-Transfer, Interac Online, Visa or Mastercard Debit, or Bill Payment. Each of these options has a different fee.

What delivery methods are available for Banque Saudi Fransi money transfers to Saudi Arabia?

Direct bank deposits. The transfers usually take between 1 and 2 days, but some transfers happen instantly.

How much does Remitbee charge to send money to Saudi Arabia bank accounts?

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

Interac Online - $2.99
E-transfer – Free
Bill Payment - Free
Electronic funds Transfer - Free
Visa or Mastercard Debit - $2.99+

What is the maximum amount you can transfer to a Banque Saudi Fransi account from Canada in SAR?

In SAR, the maximum amount you can send is determined by your verification level. Below is a breakdown of the levels:

-The minimal Level 1 of verification allows you to send 50 CAD daily or 500 CAD monthly.

Verification of Level 2 is recommended. Your daily limit will be 3,000 CAD, and your monthly limit will be 25,000 CAD.
We also offer Verification Level 3 for users who need to transfer larger amounts of money. A maximum of 9,000 CAD can be sent daily, and 50,000 CAD can be sent monthly.

Additionally, we are working on Verification Level 4 to provide our customers with even higher sending limits. Verification is a one-time process. After you have been verified, you do not need to provide any additional documents.

Send money to Banque Saudi Fransi Account