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200.2.3 Non-Saudi and Non-GCC Natural Persons Not Residing in Saudi Arabia

No: 65681/67 Date(g): 3/7/2019 | Date(h): 1/11/1440

Effective from Jan 31 2025 - Jan 30 2025
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The bank shall not open an account in Saudi riyal or in any foreign currencies, or any other account, for non-Saudi and non-GCC natural persons not residing in Saudi Arabia unless written approval from the Ministry of Interior or the Ministry of Foreign Affairs is received through SAMA. If so, the account may be opened by the passport of the individual.