A major player in the region, the Saudi National Bank (SNB) is the largest financial institution in Saudi Arabia. By transforming the local banking sector and catalyzing the delivery of Vision 2030, the SNB plays a vital role in supporting Saudi Arabia's economic transformation. SNB supports the Kingdom's landmark deals and mega projects through its position as a large institution and specialized financier.
Transferring money to Saudi National Bank bank accounts in Saudi Arabia is easy with Remitbee. It just takes five easy steps.
Become a Remitbee account holder. It's free, easy, and gives you a Remitbee Wallet and a secure account in our system.
Enter your full name, address and occupation. Verify your email address and phone number.
In your case, Saudi Arabia, choose the dollar amount you want to send and choose a preferred method of receiving.
Next, tell us about your beneficiary. You will need to provide your beneficiary's full name, phone number, and bank account number.
Please review all transfer details and click Confirm! Remitbee will handle everything else. Remitbee is a great choice for sending money to Saudi Arabia.
Remitbee furnishes you with a ton of benefits when you send money to Saudi Arabia. Here are only a couple of benefits:
It's less expensive. We charge no expenses in the event that you send over 500$.
It's quicker. Almost 100% of online exchanges to Saudi Arabia are done in just a moment.
You can do it from your cell phone or PC.
Your beneficiary can get to their cash as soon as it arrives
To send cash for your family to the Saudi National Bank without deferrals and inconveniences, you'll need to have the beneficiary's data prepared. Following subtleties will be required:
The full lawful name of a recipient.
Name of beneficiary's bank.
IBAN - International Bank Account Number.
Saudi National Bank account number.
In case that the cash pick up option is the best technique for you, we will require the accompanying data about your recipient:
Complete name of the beneficiary, telephone number and address.
Name of pickup area in Saudi Arabia that turns out best for your recipient.
When cash is ready for pickup, your beneficiary needs to bring a piece of a government ID and exchange number to get the assets.
We know how important every dollar you send to your family is, and how banks add high fees and margins to your exchange rate. That's why we offer you the best CAD to SAR rate in Canada and charge only a small 0.3%-0.5% margin to cover our operational costs. We always inform you about any fees or charges beforehand, and you can see your final amount before you send money to Saudi Arabia. We are transparent about any fees or charges, and all transfers above 500$ are free.
Get $20 for every successful referral while the referred person gets $10 towards their first transaction. Use your unique referral code to invite your friends and register with it. Once they send their first transfer of at least C$200 or exchange at least C$1,000, you’ll get C$20 credited to your RemitBee account. There is no limit on the number of referrals you can make so the earning potential is endless! So, keep referring and earning with RemitBee.
Sure you can! Remitbee is partnering with the Saudi National Bank in Saudi Arabia. We will deposit your funds to the recipient's bank account within a few minutes!
You can choose to pay using Interac e-Transfer, Interac Online, Bill payment, Electronic Funds Transfer or Visa or Mastercard Debit.
We currently offer instant transfers to all Saudi National Bank accounts. Additionally, we offer cash pickup in multiple locations across Saudi Arabia and plan to expand in the near future.
It's hard to believe, but yes. All transfers over 500 CAD are absolutely free! If you're looking to spend less than 500, your transfer will have to the following fees: :
Interac Online - $2.99
E-transfer - $2.99
Bill Payment - $2.99
Electronic Funds Transfer - $2.99
Visa or Mastercard Debit - starting from $2.99
The maximum amount you can transfer is determined by your verification level. Accordingly, our basic verification, Level 1, adds just 50 CAD to your daily transfer limit or 500 CAD to your monthly transfer limit.
Level 2 verification is recommended. Using it, users can send up to 3,000 Canadian dollars a day and up to 25,000 dollars a month. Level 3 is ideal for transferring larger amounts of money to Saudi Arabia. With this level of verification, you can send up to 50,000 CAD per month and 9,000 CAD daily.
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.