Transfer Money to Saudi Arabia

Comparing 1 provider

Sorted by highest amount received

Real exchange rate 1 GBP = 5.0626 SAR 30-day trend · Data from Xignite.com
Live
Best options for your transfer
Excellent Best Deal
Delivery time Same day Pay by Bank transfer
Total cost Fee FREE Exchange rate 5.0272
Recipient gets
100,544 SAR
+€1,317 more vs
the typical bank
We get fees, exchange rates, and other details from money transfer providers, usually in real time. We try to keep this information accurate, but we can't guarantee it's always correct.

Questions you may have

Do I pay anything extra?
No. We may earn a commission, but you never pay more.
Is my money safe?
We only list regulated, licensed providers.
Why do rates change?
Exchange rates move constantly. We update results in real time.
What happens after I click?
You'll be redirected to the provider to complete your transfer securely.

Why Millions Use Us Before Sending Money

Regulated partners only

Real-time exchange data

Independent comparison

Best provider CurrencyTransfer
Recipient gets 100,544 SAR
Go to CurrencyTransfer
Secure · No hidden fees

About Money Transfers to Saudi Arabia

Looking for the best way to send money to Saudi Arabia (SAR)? We make it our mission to find you the best money transfer exchange rates and deals when sending money to Saudi Arabia. First and foremost, we strive to ensure that the live SAR rate comparison we supply to you is up to the minute. Our goal is to help you shop around, beat the bank rates & list options so you can transact with FCA regulated companies. Whether you want to send money online or for larger payments to Saudi Arabia via phone, we list a comprehensive list of options. Safety & security of funds is paramount. We vet all our listed partners carefully to make sure they are regulated by the appropriate country authorities.

Perhaps you are looking to purchase an overseas property in Riyadh or making large money transfers to Jeddah. Whatever the reason, our SAR currency comparison tables will find you the fairest exchange rates and currency contracts (including forward, limit, stop loss) to suit your needs when transferring Saudi Riyal to Saudi Arabia.

Last updated: May 08, 2014 Our methodology

Quick Facts: Saudi Arabia

Key information for sending money to Saudi Arabia

Transfer Speed
2 working days
Local Currency
SAR
Income Tax Rate
0%
Avg. Property Price/m²
4,759.76 SAR
Avg. Monthly Rent (3 bed)
2,757.55 SAR
IBAN Required
Yes

Money Saving Tips for Saudi Arabia

Expert advice for your international transfer

Tourist Visas are only issued for approved tour groups that follow organised itineraries. Seaport and airport visas are not permitted.

When a person is applying for residency in Saudi Arabia they must be in possession of a firm job offer from a company operating within the country.

Applicants for a residence visa are required to have a comprehensive medical examination with forms available at the Saudi embassy.

Pilgrims must have all valid documentation and a passport that is valid for 6 months prior to the expiry date.

What You Need to Send Money to Saudi Arabia

Checklist of recipient bank details required

IBAN e.g. SA0380000000608010167519
International Bank Account Number
SWIFT/BIC Code e.g. BANKSAXX
Bank identifier for international transfers
Account Number
Recipient's bank account number
Account Holder's Name
Full name as it appears on the bank account

Popular Banks in Saudi Arabia

National Commercial Bank Al Rajhi Banking Corporation Samba Riyad Bank Banque Saudi Fransi Saudi British Bank

"When sending money to Saudi Arabia, always compare multiple providers. The exchange rate is important, but don't forget to factor in transfer fees and delivery times. For larger amounts, even small rate differences can translate to significant savings."

MyCurrencyTransfer Editorial Team

Frequently Asked Questions

Common questions about sending money to Saudi Arabia

What is the cheapest way to send money to Saudi Arabia?

The cheapest way to send money to Saudi Arabia depends on your transfer amount. For larger transfers (over £1,000), specialist providers like Wise or OFX typically offer better rates than banks. Compare providers above to see which offers the best deal for your specific amount.

How long does it take to transfer money to Saudi Arabia?

Most transfers to Saudi Arabia are completed within 1-3 working days. Some providers offer same-day or next-day delivery for an additional fee. The exact time depends on the provider, payment method, and whether the recipient's bank processes weekend transfers.

What information do I need to send money to Saudi Arabia?

You'll typically need: the recipient's full name (as it appears on their bank account), their bank account number, the bank's SWIFT/BIC code, and for some countries an IBAN. You may also need the recipient's address and the bank's name and address.

Are money transfer services safe to use?

Yes, the providers we compare are regulated by the Financial Conduct Authority (FCA) or equivalent regulators. They must keep your money in segregated accounts and follow strict anti-money laundering procedures. Always check a provider's regulatory status before sending money.

Should I use my bank to send money to Saudi Arabia?

Banks are generally more expensive for international transfers due to higher exchange rate margins and fees. Specialist money transfer providers typically offer rates 2-4% better than banks. Use our comparison to see how much you could save.

How to Transfer Money to Saudi Arabia

  1. Compare providers

    Use the comparison table above to find the best exchange rate and lowest fees for your transfer amount.

  2. Create an account

    Click through to your chosen provider and register for a free account. You'll need your email address and basic personal details.

  3. Verify your identity

    Upload ID documents as required (passport, driving licence, or national ID). Most providers verify within 1-2 business days.

  4. Enter recipient details

    Add your recipient's bank account details including their name, account number, and SWIFT/BIC code.

  5. Fund and track your transfer

    Pay by bank transfer or debit card, then track your money until it arrives. Most transfers complete within 1-3 working days.