SAR Transfers (Saudi Arabian riyal)

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Written by Currencies
Updated 8 months ago

Who can I send SAR to?
What details do I need for the recipient?
How long will it take for my SAR to arrive?
Do you limit the amount of SAR I can send?
How can I pay for my SAR transfer?


Who can I send SAR to?

You can send SAR to any bank account in Saudi Arabia.


What details do I need for the recipient?

You’ll need their:

  • Name (as it appears on their account)
  • Account number (18 digits)
  • IBAN (SA, followed by a 22-character code)
  • SWIFT/BIC code (8-11 digits)

What is an IBAN? 
What is a SWIFT code?


How long will it take for my SAR to arrive?

We can transfer your SAR the next working day, if we receive your payment by 11:30 am.

(Occasionally we might need you to supply additional documents, which can affect the transfer time. But we’ll keep you informed every step of the way.)


Do you limit the amount of SAR I can send?

No. Some FX companies limit the amount of SAR you can send or receive.
We give you the freedom to send as many Saudi Arabian riyals as you like.


How can I pay for my SAR transfer?

You can pay by bank transfer.

In case you were wondering...

What is an IBAN?
IBAN stands for International Bank Account Number. IBANs make it easier to send or receive funds from overseas. They don’t replace your sort code and account number; they contain extra characters that help overseas banks identify your account.

What do IBAN numbers look like?
Here’s how an IBAN might look for a bank account in Saudi Arabia:

IBAN (electronic format)
SA4812981234567890123456

IBAN (human-readable format)
SA48 1298 1234 5678 9012 3456

What is a Saudi Arabian IBAN number made up of?
SA 48  12 98 1234567890123456

[2-character Country Code]
[2-digit IBAN Checksum]
[2-digit Bank Code]
[18-digit Account Number]

What is a SWIFT code?
The SWIFT international payment network is used to send and receive electronic payments (also known as wire payments). It sends payment orders between banks using SWIFT codes, so banks can transfer money quickly, reliably, and securely.

SWIFT code format: AAAA | BB | 11 | 222

AAAA – represents the bank (for example, Barclays is BUKB)

BB – represents the country where the bank is located.

11 – designates location of banks main office.

222 – code for the bank branch.

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