How to Open an Al Rajhi Bank Account in Saudi Arabia
Opening a bank account with Al Rajhi Bank is now easier than ever, thanks to a fully digital process that allows you to get started from the comfort of your home.
How to Open an Al Rajhi Bank Account in Saudi Arabia
Opening a bank account with Al Rajhi Bank is now easier than ever, thanks to a fully digital process that allows you to get started from the comfort of your home. Whether you’re a Saudi national or an expatriate with a valid Iqama, you can open an account online using the Al Rajhi mobile app or website. Here’s a step-by-step guide to help you through the process.
Benefits of an Al Rajhi Bank Account
Instant Account Opening: Open your account online without visiting a branch.
Complimentary Debit Card: Receive a free debit card and chequebook.
Mobile Banking: Manage bill payments, transfers, and apply for new products via the app.
Exclusive Discounts: Unlock deals on dining, travel, entertainment, and more.
Welcome Bonus: Earn 1000 Mokafaa points when you open your account through the app1.
Requirements
Before you begin, ensure you have:
Valid Iqama (for expatriates) or National ID (for Saudis)
Active Absher account
Registered National Address
Valid mobile number (registered in your name)
Step-by-Step Guide to Opening an Al Rajhi Bank Account Online
1. Download the Al Rajhi Bank App or Visit the Website
2. Start Your Application
Select “Open New Account.”
Agree to the terms and conditions.
3. Enter Personal and Employment Details
Choose your nationality and ID type (Iqama or National ID).
Enter your mobile number, title, and passport number.
Provide your employment status, salary, and employer details2.
4. Fill in Additional Information
Input your marital status, place of birth, email, and home country address (for expatriates).
Choose your preferred branch for account management2.
5. Provide Financial Information
State your main source of income and expected monthly balance.
Indicate if you have accounts with other banks or hold another nationality2.
6. Authenticate Your Identity
Create a username and password for internet banking.
The system will redirect you to the Nafath (Absher) portal for authentication.
Log in with your Absher credentials and complete OTP verification25.
7. Finalize Your Application
Submit your application.
Once approved, you can manage your account instantly via the app.
Pick up your debit card at a branch or self-service kiosk, or activate it digitally if available2.
After Account Opening
Access Your IBAN: Find your IBAN on your account statement, via the app, or by SMS4.
Activate Additional Services: Register for phone banking or set up standing orders for regular payments14.
Enjoy Full Banking Services: Use SADAD for bill and government payments, transfer funds locally and internationally, and receive monthly statements in Arabic or English1.
Tips and Reminders
Ensure your Absher and National Address registrations are up to date before starting.
If you encounter issues online, try both the app and website, or visit a branch for assistance.
For new expats, bring your Iqama, passport, and proof of address if opening an account in person3.
In summary: Opening an Al Rajhi Bank account is a streamlined, digital process. With just a few documents and an Absher account, you can open, manage, and benefit from your new account—all without leaving your home