7 best local and international money transfer services in Saudi Arabia

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1.STC Pay

The Saudi Telecom Company offers STC Pay, a digital wallet (ST). It enables users to easily and quickly transfer money internationally from their phone to any location on the planet. STC Pay’s money transfer services provide competitive rates and a variety of delivery options, making it a convenient and cost-effective option for sending money to friends and family abroad. Simply download the STC Pay app and you’ll be able to send money from the comfort of your phone in seconds.

2.ERSAL Money Transfer

ERSAL Money Transfer, the first leading remittance company in Saudi Arabia, has established itself as a reliable provider of money transfer services. The company is linked to a large network of correspondent banks that provide remittance services, and it also offers money transfer services through Western Union (WU), a globally recognized provider. ERSAL has a large network of branches throughout the Kingdom, some of which are located within Saudi Post SPL branches and others are standalone locations. Whether you need to send money internationally or within Saudi Arabia, ERSAL Money Transfer is a trustable option.

3.Money Express

Money Express by Riyad Bank is a good option if you need a trustable money transfer service in Saudi Arabia. With reasonable fees and competitive exchange rates, this service is a convenient and cost-effective way to send money internationally.
Money Express can help you get your funds to their destination quickly and securely, whether you need to send money to family members abroad or make international payments for business purposes.

4.Fawri Money Transfer

Fawri, the money transfer division of Bank AlJazira, is a leading provider of money transfer services in Saudi Arabia. The company takes pride in offering the market’s best exchange rates and most competitive fees. Aside from international remittances, the company also offers foreign exchange and quick cash services. Whatever your money transfer requirements are, Fawri is well-equipped to assist you in getting your funds where they need to go.

5.Telemoney ANB.

In Saudi Arabia, ANB Telemoney is a well-known money transfer service. Its TeleMoney service is a simple, secure, and quick way to send money to loved ones in other countries. ANB Telemoney provides a variety of money transfer services, including international and domestic transfers. You can easily make money transfers using the TeleMoney app without having to visit a TeleMoney center in person. ANB Telemoney can help you send money both internationally and within Saudi Arabia.

6.Quickpay SNB

SNB Quickpay is an excellent choice if you need to send money internationally from Saudi Arabia and want a dependable and convenient service. SNB Quickpay, formerly known as NCB Quickpay, is one of the most popular money transfer services in the Kingdom. You can send money to your home country at any time with SNB Quickpay by using an ATM, phone banking, or the Alahli mobile app. The Quickpay mobile application is available in a variety of languages, including Arabic, English, Tagalog, Urdu, Bengali, Bahasa Indonesia, Hindi, Malayalam, and Sinhala, allowing it to be used by a diverse range of users. To open a new Quickpay account, simply bring a valid Iqama to one of the Quickpay centers.

7.Tahweel Al Raihi

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Tahweel Al Rajhi is a top choice for those looking to send money internationally because it is a leading provider of money transfer services in Saudi Arabia. Tahweel Al Rajhi, the remittance arm of Al Rajhi Bank, provides a variety of options for international money transfers, including its website, ATM, KIOSK, mobile apps, and POS. If you’re thinking about using Tahweel Al Rajhi for your money transfer needs, you should be aware of the fees they charge. Tahweel Al Rajhi charges the following remittance fees.

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