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KSA - expat banking

KSA - expat banking

Old May 6th 2023, 5:59 am
  #1  
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Default KSA - expat banking

Hi everyone,

I was wondering if anyone can recommend a Bank to setup an account(s) with, especially where money transfers from KSA to UK will be a monthly occurrence?

thanks for any advice.

NH
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Old May 6th 2023, 7:11 am
  #2  
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Default Re: KSA - expat banking

Look at post #2 of the "Banking in KSA" thread. Open a SAB account, as bad as they are, and then you can link HSBC accounts to SAB, instantly (no SWIFT nonsense) transferring USD at a cost if 0.1% to an HSBC currency (USD), then out to HSBC Global Money free of charge, then wherever you want for FX conversion free of charge. I choose Revolut but the guy in post #2 uses IBKR.

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