Docs

Saudi Arabia

Telegraphic Transfer

Service Specification

TypeDescription
Direct to bank method Direct credit to bank accounts in US Dollar (USD) and Saudi Riyal (SAR).
Supported beneficiary account type – Individual & company
Supported sender account type - Individual & company
Transaction turnaround time *T+1 business days for USD transaction processed and credited before 6pm (Mon-Fri) GMT +8.

*T+1 business days for THB transaction processed and credited before 6pm (Mon-Fri) GMT +8.

Transaction sent on Saturdays, Sundays or public holidays will be processed on next Saudi Arabian business day.

*Processing time may vary based on the beneficiary bank’s cut-off time.
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
Types of limitAmount
Maximum per transactionN/A
Compliance accumulated limit per day per beneficiary (USD)USD 50,000.00
Compliance accumulated limit per day per beneficiary (SAR)SAR 200,000.00
Maximum beneficiary No restriction
Service charge The transaction fee will be refunded on a best-effort basis after the transaction is accepted by the gloRemit® and forwarded to the payout channel.
Cancellation process Cancellation is on best-effort basis.
Remarks Beneficiary account currency must be the same with the currency of the transaction (USD or SAR).

Branch code is optional. If included, please enter exactly 3 characters to avoid the transaction being rejected.
Do_Transfer bAccType Value 11

List of Swift Codes

NoNameSwift Code
1AL INMA BANKINMASARI
2AL RAJHI BANKRJHISARI
3ARAB NATIONAL BANKARNBSARI
4ARAB PETROLEM INVESTMENTS CORPORATIONAPICSADM
5BANK AL BILADALBISARI
6BANK AL-JAZIRABJAZSAJE
7BANKMUSCATBMUSSARI
8BANQUE SAUDI FRANSIBSFRSARI
9BNP PARIBAS SAUDI ARABIABNPASARI
10DEUTSCHE BANK AG, RIYADH BRANCHDEUTSARI
11EMIRATES BANK INTERNATIONAL PJSCEBILSARI
12GULF INTERNATIONAL BANK B.S.C., RIYADHGULFSARI
13ISLAMIC DEVELOPMENT BANKISLDSAJE
14SAUDI HOLLANDI CAPITALSAHCSARI
15ABDULHADI ABDULLAH AL-QAHTANI SONSALQASADK
16ABDULLAH ABUNAYYAN TRADING COMPANYAHICSARI
17ABDULLAH IBRAHIM ALKHORAYEF SONS COMPANYAIASSARI
18ACWA POWER COMPANYACWASARI
19AIRCRAFT LEASING COMPANYALYCSARI
20AL RA'IDAH INVESTMENT COMPANYALRDSARI
21ALAWWAL INVEST (TRADING AS SAB INVEST)SAHCSARG
22ALFANAR CO CLOSED JOINT STOCK COMPANYFANRSARI
23ALI ZAID AL QURAISHI AND BROTHERS CLOSEAZQBSADM
24ALJOMAIH HOLDING COMPANY LIMITEDALHMSARI
25ALMARAI COMPANYALMRSARI
26ALRAJHI COMMERCIAL FOREIGN EXCHANGEAFEXSAJ1
27ARABIAN AGRICULTURAL SERVICES COMPANYAGSCSARI
28ARABIAN DRILLING COMPANY SJSCADCJSADA
29ARAMCO LUBRICANTS AND RETAIL COMPANYALRYSADD
30ARAMCO TRADING COMPANYSAPCSADH
31BANK OF CHINA RIYADH BRANCHBKCHSARI
32BANK OF JORDAN - KSABJORSARI
33BANQUE MISR - RIYADHBMISSARI
34BNP PARIBAS INVESTMENT COMPANY KSABNPASARB
35CATRION CATERING HOLDING COMPANYCTHNSAJE
36CHANNELS BY STCSTHMSARI
37CITIGROUP SAUDI ARABIACITISARI
38CREDIT SUISSE SAUDI ARABIACRESSARA
39D360 BANKDBAKSARI
40DAMMAM AIRPORTS SINGLE PERSON LIMITDAAOSADM
41DERAYAH FINANCIAL COMPANYDERFSARI
42DEUTSCHE SECURITIES SAUDI ARABIADEUTSARB
43DR. SULAIMAN AL-HABIB MEDICAL SERVICESSLMRSARI
44EAST AFRICA MARITIMEEAAMSAJ1
45EFG-HERMES KSAEFKSSAR1
46FAS HOLDINGSFHCSARI
47FAWAZ A AL HOKAIR AND COFAAHSARI
48FIRST ABU DHABI BANKFABMSARI
49GOLDMAN SACHS SAUDI ARABIAGSSRSAR1
50HASSANA INVESTMENT COMPANYHINCSARI
51INDUSTRIAL AND COMMERCIAL BANK OF CHINAICBKSARI
52INDUSTRIALIZATION AND ENERGY SERVICES CO. (TAQA)IENESADH
53INTERNATIONAL ISLAMIC TRADE FINANCEITFKSAJE
54INTERNATIONAL MARITIME INDUSTRIESIMIDSADD
55ISLAMIC CORPORATION FOR THE DEVELOPICDKSAJE