Who is the Current Account for? How you will benefit How does the Riyad Bank Current Account work for you? The Riyad Bank Advantage How much will the Riyad Bank Current Account cost? Where can I apply for the Riyad Bank Current Account? Apply now Terms and Conditions


Having a good Current Account is the foundation of managing your finances efficiently and effectively. As the principal banking product, it acts as the gateway product to the full range of other specialist products and services available from Riyad Bank. There are different Current Accounts available, for Retail, Private Banking, Youth, Commercial and Corporate for Saudi or Expatriate customers.

If you need to make your money work harder and would prefer to save some, then our Savings Account or Time Deposits can help.


A Riyad Bank current account will allow you to manage your everyday banking quickly and efficiently, leaving you free to concentrate on more important activities.

		Instant access to your cash by cheque or ATM Card.
		Affordable banking, free cheques with unlimited usage
		Access to almost 200 branches and specially trained Customer Service staff, Kingdom wide
		4 ways to access account information 24 hours a day, 7 days a week through RiyadNet - 4 in 1 service via RiyadLine, RiyadMobile, RiyadATMs and RiyadOnline.
		Instant transfers between accounts.
		A combined monthly statement.
		Paying your bills electronically, at anytime that suits you.

		Flexible access to your money - through your own ATM card and cheque book to pay for goods and services.
		Receipt of periodic account statements detailing all of your transactions, including payments and deposits to and from your account during the month. If you have more than one account, a combined statement is available.
		Facility to make electronic payments and transfers, either as one-off sums or on an regular basis to and from your Current Account - putting you in control.
		Current Accounts are available in different major currencies besides the Saudi Riyal.
		Access to your Account 24 hours a day at the touch of a button with RiyadOnline. You can for instance, pay your electricity and phone bills, view and pay your traffic fines and check your account details. Convenient electronic access.

Riyad Bank is committed to assisting you in obtaining the most from your money with competitive banking rates, a secure environment and easy access to your money.

Riyad Bank has one of the strongest capital bases of all banks in Saudi Arabia and the Gulf Region. This gives you an advantage of knowing your money is in safe hands.


Opening a Current Account with Riyad Bank requires no minimum balance. You can start right away by visiting any Riyad Bank branch.

There is no fee for your account if you keep it up and running. For additional information, please refer to our "Terms and Conditions", section.

You can write as many cheques as wish, at no additional cost provided you have enough funds in your account. However, if you issue a cheque which overdraws your account, a charge of SR 25 will be made.



To open a Current Account, please visit your nearest Riyad Bank branch and one of our specially trained branch Customer Service Representatives will gladly assist you. Make sure that you bring the following documents with you:
 

		A valid Original ID/Iqama.
		Your clear postal address.
		For non-Saudi citizens, a letter from the employer stating the starting date of employment is necessary.

Visit your nearest Riyad Bank branch or call our toll free number for more information 800-124-2020


To keep your current account up and running without any charges, make sure you always maintain the minimum monthly balance of SR 5000 in your account. There is a service charge of SR 44 that will be levied every 6 months ONLY if an average balance of SR 5000 is not maintained.