Send money to
Saudi British Bank Account
Pay with
Estimated delivery time
Fast and secure
Why choose Saudi British Bank?
HSBC Holdings PLC owns a minority stake in Saudi British Bank (SABB), a Saudi joint-stock company based in Riyadh. In 1959, HSBC acquired the British Bank of the Middle East from the British Bank of the Middle East. Due to Saudi Arabia's restrictions on foreign ownership of banks, SABB was created in 1978 to manage HSBC branches and assets. In addition to its eighty branches throughout Saudi Arabia, it has a branch in London, England. SABB is one of the five largest Saudi banks by deposits. In May 2018, SABB announced its intent to acquire Alawwal Bank as part of the Kingdom's first merger in twenty years that resulted from recent changes in Vision 2030 economic reforms.
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Easy with Remitbee
How to Send Money to Saudi British Bank
Register for a Free Remitbee Account
Set up a free account with Remitbee. Our system gives you access to your own secure Remitbee Wallet when you complete this easy step.
Provide your personal information
Please tell us about yourself, including your full name, address and occupation. Ensure your phone number and email address are correct.
Enter Recipient's Information
We'll send your money to the address you specify. For each recipient account, we need to know the name of the bank and the account number. You can also specify whether the recipient will pick up the money or if it will go directly to their account.
Check the Exchange Rate
Check the CAD to SAR conversion rate. You can then enter your amount, choose your payment method, and confirm your transfer once you've determined the exchange rate. While the conversation rates fluctuate daily, the fees for each payment method remain constant.
Track Your Transaction
Keep track of your money. The work is done at this point! You can watch how your money reaches Saudi Arabia by checking your Remitbee app.
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: Make sure you have the recipient's name exactly as it appears on bank statements on the account you are transferring. The transfer will not be delayed in this way.- Recipient's Address: We need the address of the branch you are sending the money to so we can get it to its destination.
- Bank Name: Name of the bank in Saudi Arabia - This is the name of the bank to which you are sending money.
- Account Number: This ensures it reaches your recipient.
How Remitbee calculates the CAD to SAR exchange rate
In order to provide you with the most competitive Saudi Arabian Rupee exchange rates on the market, we keep our fees as low as possible. When you use bill, Interact or debit card payment methods, there are small fees, but you can also use Remitbee Wallet at no charge. You can see any fees upfront in the application before you send money to Saudi Arabia.
What are the benefits of sending
directly to Saudi British Bank?
directly to Saudi British Bank?
Convenient Process
You can do it from the comfort of your home
Speed
It's Faster
Secure
It’s more secure than doing in offline
Quick access
You can access your money as soon as the transfer goes through
How international money transfers work
SWIFT facilitates international wire transfers. A bank transfer is initiated by the sender's bank and approved by the recipient's bank. Before the transfer is finalized, any fees are assessed. A bank calculates the exchange rate from CAD to SAR, and the money is moved between accounts. Remitbee and Saudi British Bank remittances work the same way.
Check our refer and earn program!
Discover the attractive referral program by RemitBee, presenting fantastic rewards! Earn a generous $20 reward for each successful referral and gift your friends a $10 reward upon their first transaction using your exclusive code. To qualify, your friend only needs to send a minimum of C$200 or exchange at least C$1,000. With abundant referral opportunities, embark on your earning journey with RemitBee today!
Best way to send money from Canada on the go
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Frequently Asked Questions
Can I send money to a Saudi British Bank net banking account using Remitbee?
Yes you can.
How can I pay for my money transfer to Saudi British Bank?
You can choose to pay using Interac e-Transfer, Interac Online, Bill payment, Electronic Funds Transfer or Visa or Mastercard Debit.
What delivery methods are available for Saudi British Bank money transfers to Saudi Arabia?
Only direct bank account transfers are available for transfers to the Saudi Arabia
What is the maximum amount I can send to a Saudi British Bank account?
If you verify your identity on our platform, you can send up to 9,000 CAD per day, with a maximum of 50,000 CAD per month.
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+
-Saudi British Bank NEFT charges