Products and Services Fees

Products and Services Fees

Products and Services Fees

All below Products and Services fees are subject to VAT at the standard rate of 15%

Customers Accounts

Bank Service Cost
Open new account Free
Balance less than minimum limit None

Account Statement

Bank Service At Branch Electronically (Internet,telephone,ATM..)
Statement for less than one year 25 SAR -
Statement for 1-5 years 30 SAR -
Statement for more than five years 50 SAR -
Monthly statement by regular mail or email electronically - Free
ATM mini statement electronically - Free
Cash withdrawal from branch using withdrawal form Free -

mada ATM and POS Cards

Bank Service Cost
Issuance of ATM card for an account Free
ATM cash withdrawal / deposit Free
Use of mada cards at POS terminal by customers Free
Renewal of ATM card Free
Re-issuance of ATM card for retained by an ATM Free
Naqad service (purchase with cash back) Free
Re-issuance of ATM card (lost / damaged / 3 invalid password 30 SAR
Issuance of an additional ATM card 30 SAR

Banking Transfer and Services

Bank Service At Branch Electronically (Internet,telephone,ATM..)
Transfer to another account within the same Bank Free Free
Setting up a standing payment order (one time) 15 SAR 10 SAR
Identification of a beneficiary for fund transfer - Free
Transfer to another bank inside the KSA through SARIE (same day) 25 SAR 7 SAR
Transfer to another bank inside the KSA through SARIE (next business day) 15 SAR 5 SAR
International Transfer 75 SAR 50 SAR
Change / cancel International Transfer the KSA 25 SAR 15 SAR

Cheque

Bank Service Cost
Issue Cheque book (25 cheques) Free
Issue additional Cheque book 10 SAR
Issue draft Cheque 10 SAR
Cancel draft Cheque 10 SAR
Issue draft Cheque (foreign currency) 15 SAR
Cancel draft Cheque (foreign currency) 15 SAR
Request a copy of a Cheque cashed within one year 10 SAR
Requesting a copy of a Cheque dated more than one year 20 SAR

GCC Network Transaction Fees

Bank Service Cost
Cash withdrawal within Gulf countries 10 SAR
Balance inquiry within Gulf countries 3 SAR
Customer use of POS  within the Gulf countries Free

International Network Transaction Fees

Bank Service Cost
Cash withdrawal for debit cards 25 SAR
Balance inquiry on ATM 3.5 SAR

Cash withdrawal from Credit Cards

Bank Service Cost
Withdrawal of 5,000 SAR  or less 75 SAR
Withdrawal of more than 5,000 SAR  3% Max. 300 SAR
Credit card dispute fee (if wrong dispute) 50 SAR
Balance inquiry on ATM outside the kingdom 3.5 SAR
Other fees collected by the bank
Type of fees Amount
Bank certificate 50 riyals
Stopping a check from the customer’s check book 10 riyals for each check
Installment collection agreement 10 riyals on  the person who transfers for each order
15 riyals on beneficiary  for each order
Cash transfer (cash transfer between bank branches) 10 riyals