Saudi Arabia

Telegraphic Transfer (TT) Payment

Service Specification

Type	Description
Direct to Bank method	Direct credit to bank account in US Dollar (USD). Supported beneficiary account type - individual and company. Supported sender account type - individual and company.
Transaction Turnaround Time	T+4 Banking days for USD transaction processed and credited before 6.00pm (Mon-Fri) GMT +8 Transaction sent on Saturday or Sunday or Public Holiday will be processed on next Saudi Arabia Banking day.
Area availability	Saudi Arabia nationwide
Validation/Verification	No system validation on account available.
Amount received	Beneficiary received net amount as specified by Sender.
Transaction Limit	No max transaction limit. Compliance accumulated limit USD 50,000.00 per day per Beneficiary
Maximum Beneficiary	No restriction
Service Charge	Transaction Fee will not be refunded once the Transaction is accepted by the gloRemit® Service System and submitted by the gloRemit® Service System to the Payout Channel.
Cancellation Process	Cancellation is on best effort basis.
Remarks	Beneficiary account currency has to be the same with the currency of the transaction. (USD) Branch code is optional. If included, please ensure branch code length at 3 to avoid transaction be rejected.
Do_Transfer bAccType Value	11

List of Swift Code

No	Name	Swift Code
1	AL INMA BANK	INMASARI
2	AL RAJHI BANK	RJHISARI
3	ARAB NATIONAL BANK	ARNBSARI
4	ARAB PETROLEM INVESTMENTS CORPORATION	APICSADM
5	BANK AL BILAD	ALBISARI
6	BANK AL-JAZIRA	BJAZSAJE
7	BANKMUSCAT	BMUSSARI
8	BANQUE SAUDI FRANSI	BSFRSARI
9	BNP PARIBAS SAUDI ARABIA	BNPASARI
10	DEUTSCHE BANK AG, RIYADH BRANCH	DEUTSARI
11	EMIRATES BANK INTERNATIONAL PJSC	EBILSARI
12	GULF INTERNATIONAL BANK B.S.C., RIYADH	GULFSARI
13	ISLAMIC DEVELOPMENT BANK	ISLDSAJE
14	NATIONAL BANK OF BAHRAIN	NBOBSARI
15	NATIONAL BANK OF KUWAIT	NBOKSAJE
16	NATIONAL COMMERCIAL BANK, THE	NCBKSAJE
17	NCB CAPITAL COMPANY	NCCOSAJE
18	RIYAD BANK	RIBLSARI
19	SAAD TRADING CONTRACTING AND FINANCIAL SERVICES CO.	STCFSARI
20	SAMBA FINANCIAL GROUP	SAMBSARI
21	SAUDI ARABIAN MONETARY AGENCY	SAMASARI
22	SAUDI ARAMCO	ARAMSADH
23	SAUDI BRITISH BANK, THE	SABBSARI
24	SAUDI HOLLANDI BANK	AAALSARI
25	SAUDI HOLLANDI CAPITAL	SAHCSARI
26	SAUDI INVESTMENT BANK, THE	SIBCSARI
27	SHUAA CAPITAL SAUDI ARABIA	SHUASARI
28	THE SAUDI FUND FOR DEVELOPMENT	SFFDSARI
29	ABDULHADI ABDULLAH AL-QAHTANI SONS	ALQASADK
30	ABDULLAH ABUNAYYAN TRADING COMPANY	AHICSARI
31	ABDULLAH IBRAHIM ALKHORAYEF SONS COMPANY	AIASSARI
32	ACWA POWER COMPANY	ACWASARI
33	AIRCRAFT LEASING COMPANY	ALYCSARI
34	AL RA'IDAH INVESTMENT COMPANY	ALRDSARI
35	ALAWWAL INVEST (TRADING AS SAB INVEST)	SAHCSARG
36	ALFANAR CO CLOSED JOINT STOCK COMPANY	FANRSARI
37	ALI ZAID AL QURAISHI AND BROTHERS CLOSE	AZQBSADM
38	ALJOMAIH HOLDING COMPANY LIMITED	ALHMSARI
39	ALMARAI COMPANY	ALMRSARI
40	ALRAJHI COMMERCIAL FOREIGN EXCHANGE	AFEXSAJ1
41	ARABIAN AGRICULTURAL SERVICES COMPANY	AGSCSARI
42	ARABIAN DRILLING COMPANY SJSC	ADCJSADA
43	ARAMCO LUBRICANTS AND RETAIL COMPANY	ALRYSADD
44	ARAMCO TRADING COMPANY	SAPCSADH
45	BANK OF CHINA RIYADH BRANCH	BKCHSARI
46	BANK OF JORDAN - KSA	BJORSARI
47	BANQUE MISR - RIYADH	BMISSARI
48	BNP PARIBAS INVESTMENT COMPANY KSA	BNPASARB
49	CATRION CATERING HOLDING COMPANY	CTHNSAJE
50	CHANNELS BY STC	STHMSARI
51	CITIGROUP SAUDI ARABIA	CITISARI
52	CREDIT SUISSE SAUDI ARABIA	CRESSARA
53	D360 BANK	DBAKSARI
54	DAMMAM AIRPORTS SINGLE PERSON LIMIT	DAAOSADM
55	DERAYAH FINANCIAL COMPANY	DERFSARI
56	DEUTSCHE SECURITIES SAUDI ARABIA	DEUTSARB
57	DR. SULAIMAN AL-HABIB MEDICAL SERVICES	SLMRSARI
58	EAST AFRICA MARITIME	EAAMSAJ1
59	EFG-HERMES KSA	EFKSSAR1
60	FAS HOLDING	SFHCSARI
61	FAWAZ A AL HOKAIR AND CO	FAAHSARI
62	FIRST ABU DHABI BANK	FABMSARI
63	GOLDMAN SACHS SAUDI ARABIA	GSSRSAR1
64	HASSANA INVESTMENT COMPANY	HINCSARI
65	INDUSTRIAL AND COMMERCIAL BANK OF CHINA	ICBKSARI
66	INDUSTRIALIZATION AND ENERGY SERVICES CO. (TAQA)	IENESADH
67	INTERNATIONAL ISLAMIC TRADE FINANCE	ITFKSAJE
68	INTERNATIONAL MARITIME INDUSTRIES	IMIDSADD
69	ISLAMIC CORPORATION FOR THE DEVELOP	ICDKSAJE