Banking questions

Old Nov 26th 2015, 11:32 am
  #1  
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Default Banking questions

Hi all,

I'm planning on moving to Saudi next year and had a few questions about banking.

Is it better to have a Saudi account or an off-shore account?
Also, is it possible to have regular bank statements?

Any recommendations?

Thank you
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Old Nov 29th 2015, 7:57 am
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Default Re: Banking questions

depends what your employer pays into. The majority require a Saudi account to pay into. With no bank account, it's hard to do most day to day things.

Off-shore? Which shore? Very much doubt an employer would pay into one of those.

Regular bank statements? The paper kind? You get statements online just like in the UK.

I use SABB and find it to be the best of a bad lot. If your salary is over (I think) 30K SAR a month, you can get a Premier account which allows you to jump queues which is very useful.
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