Banking in Jeddah

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Member since 28 November 2015

ongjinyangNew member28 November 2015 03:11:07

Hi guys and ladies,

Im new to this blog and found it very informative. I'm moving to Jeddah for work and would like to know the recommended bank for expats. Which one gives to best rate for money transfer to home country? Online banking convenience, ATMs?

Thanks alot!

Ong
Malaysian

Ali_N Serial expat

Member since 11 April 2015

Ali_NSerial expat28 November 2015 04:34:20

744

Plenty of banks here....

To remit options are Quickpay (NCB), Tahweel (Al Rajhi), Speed cash (Samba), Telemoney (ANB), Western Union, Enjaz and so on....

Get here and then you'll get an idea...

Or google banks in KSA and how to remit money back home...

ongjinyang New member

Member since 28 November 2015

ongjinyangNew member28 November 2015 05:24:28

Thanks Ali, appreciate it

rareshine Serial expat

Member since 29 November 2013

rareshineSerial expat28 November 2015 05:26:05

904

they're all pretty much the same, you need an iqamah to open an account through

ongjinyang New member

Member since 28 November 2015

ongjinyangNew member28 November 2015 06:04:20

I see, so I can't have a bank account unless I have an iqama first. And how long does an iqama application take? Heard it can be a couple of months, is that true?

rareshine Serial expat

Member since 29 November 2013

rareshineSerial expat28 November 2015 09:10:17

904

yes it can take two months or 2 weeks. it all depends on how quickly it can get processed

ongjinyang New member

Member since 28 November 2015

ongjinyangNew member28 November 2015 12:52:26

Ok, thank you everybody for your info. Really appreciate it.

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