Local transfers

prices are exclusive of VAT

Local Transfer (IPS)

Transfer locally to any bank in the KSA with simple steps, and your transfers to one of the partner banks will be delivered instantly, even during holidays and weekends

How to transfer To local bank account

Click the "local transfer" icon
Click "Transfer to a new beneficiary's"
Enter the beneficiary’s details
Confirm the transaction

See the partner banks

Arab National Bank
Banque Saudi Fransi
SAB Bank
Riyad Bank

Fees and charges

Prices are exclusive of VAT

Local transfer (IPS)

Amounts less than 500 SAR (0.5 SAR)

Amount between 500 SAR and 20,000 SAR (1 SAR)

Local transfer (RTGS)

Same-day settlement (7 SAR)

Next-day settlement (5 SAR)