Moving to UK from KSA - How to transfer Money from my Saudi bank
Jan 5th 2022, 11:44 am
#1
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Joined: Jan 2022
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Moving to UK from KSA - How to transfer Money from my Saudi bank
Hello everyone!
I will be moving to UK from KSA in a months time. Can you suggest a reliable way to transfer money from my Saudi bank to UK. I dont have a UK bank account at the moment as it cannot be created from abroad. So I will have to initiate the bank account once I reach UK. But how do I transfer my money? Any ideas.
Thanks!
I will be moving to UK from KSA in a months time. Can you suggest a reliable way to transfer money from my Saudi bank to UK. I dont have a UK bank account at the moment as it cannot be created from abroad. So I will have to initiate the bank account once I reach UK. But how do I transfer my money? Any ideas.
Thanks!
Jan 6th 2022, 12:54 pm
#3
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Joined: Aug 2013
Location: Eee Bah Gum
Posts: 4,131
Re: Moving to UK from KSA - How to transfer Money from my Saudi bank
A lot of folks use Wise to open a "borderless account" where money can be held and converted in another currency. For example the account can have bank details (sort code and account number) in 2 countries, for example the USA and UK. Very useful for folks who can't open a UK bank account because they are not resident.
I don't know if Saudi Arabia is one of the supported countries/currencies, but you can check it out yourself.
https://wise.com/
ETA
It doesn't look as if it will hold the Saudi Ryal currency
https://wise.com/gb/multi-currency-a...erage-balances
I don't know if Saudi Arabia is one of the supported countries/currencies, but you can check it out yourself.
https://wise.com/
ETA
It doesn't look as if it will hold the Saudi Ryal currency
https://wise.com/gb/multi-currency-a...erage-balances
Last edited by durham_lad; Jan 6th 2022 at 12:57 pm.
