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Saudi Arabia Guide: Money

Our money guide provides information on bank accounts, credit and debit cards and money transfers. If you need to open a bank account, we will explain how to do it - step by step.
Currency:
The Saudi Riyal and international transfers
The Saudi riyal (SR) is linked to the US$ and is therefore susceptible to the ups and downs of that currency. More...
Banks:
Where to manage your finances
There’s no shortage of banks in the cities, towns and villages of the Saudi Arabia. More...
Opening an account:
How to open a bank account in Saudi Arabia
The formalities involved in opening a bank account in Saudi Arabia are quite stringent and involve a considerable amount of paperwork. More...
Debit and Credit Cards:
How to use cards in Saudi Arabia
All banks in Saudi Arabia offer customers cash and debit cards, which can be used at any branch of the same bank and, by arrangement, at other banks. More...
Cash & travellers' cheques:
How to use them
Cash is widely used in Saudi Arabia, although credit and charge cards are also popular. As in many countries, the quickest way to draw cash is to use an automated teller machine (ATM), found at banks and shopping malls. More...
Foreign & Offshore Banking:
Where to keep your money abroad
In many cases, foreign workers in Saudi Arabia find that they’re able, for the first time, to save part of their income for the future. More...
Cost of Living:
How much does living in Saudi Arabia cost?
The overall cost of living in Saudi Arabia is similar to that in most European countries, if you’re living in the style of the average western expatriate. More...
Further Links about Money