Corporate Banking
Days, not months.
DIY founders wait 2-4 months to open a Saudi corporate bank account. KYC requirements are dense, banks need original documents, signatories must visit in person. We've prepared the full KYC pack template, have direct relationship managers at the top 5 banks, and can typically deliver an operational account in 7-21 days. Free with our Operate & Comply tier; SAR 2,500 standalone.
Everything for Corporate Banking.
No carve-outs. If it appears below, it's in the fee.
- Bank selection advisory (Riyad / ANB / SNB / NCB / Bank AlJazira)
- Pre-prepared KYC pack — every doc the bank will ask for, ready
- Direct relationship manager introduction
- In-person signature scheduling (we coordinate timing)
- Multi-currency account setup (USD, EUR, SAR)
- Online banking activation
- Corporate cards application
- Cross-border payment setup (Sarie, SWIFT)
From start to live.
Bank selection
Match your business to right bank based on sector, transaction volumes, expat-friendliness.
KYC pack prep
Compile + apostille all required docs.
Submission + RM intro
Direct intro to bank's corporate desk, application filed.
Signature + activation
In-person signing, account number issued, online banking live.
Common questions.
Depends on profile. International companies often prefer SNB or Riyad Bank for English-speaking corporate desks and stronger international wires. ANB tends to be faster for SMEs. NCB has the best digital experience. Bank AlJazira is Sharia-compliant. We pick based on your sector, transaction profile, and operational needs.
CR copy, MISA license, AOA notarized, GM passport + Iqama, signatory specimens, board resolution authorizing account opening, parent company structure (for branches), expected transaction volumes, source-of-funds declaration. ~20 documents in total.
Yes, for the initial signature. Most banks require physical presence at the branch for AML compliance. We schedule the visit when your Iqama is active. The whole signature process takes 1-2 hours.
Yes — USD, EUR, GBP commonly. Some banks support more. Useful for international suppliers, dollar-invoicing, or expat staff salary payments. Slight monthly maintenance fee per currency.
Improved dramatically since 2022. SNB, Riyad, NCB all have solid mobile + web banking. Some banks still require in-person visits for international wires. We brief you on each bank's quirks before you pick.