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






This service is available to all customers - retail and commercial - Saudis or expatriates. It is suitable for anyone who is planning to save money for the future and wants security, competitive returns and at the same time, easy access to their money the instance its needed.

As a gift to your loved ones, you can also open a saving account for your children and start saving for their future needs.

Should you have a specified lump-sum to invest which is not needed for immediate use, our Time Deposit accounts have many options that should suit your particular needs.
 

		Your money is in a safe place growing for you and ensuring peace of mind.
		Instant access to your money in case of emergencies. This will give you full control over your finances.
		Competitive rates. We offer some of the highest saving returns in the Kingdom.
		Increase your purchasing power by making your savings grow in the long run.
		Receive interest income (optional) that may be computed daily.
		Save for your children's future.
		Access all your other accounts, products & services through electronic banking.
		Choose to save in different major currencies beside the Saudi Riyal.

Savings Accounts will provide you the following features:

Track your savings via our 3 free, electronic banking services.

Access to information service on other bank investment, services and products.

Transfer funds easily to and from your Savings Account.

Receive periodic statement that details all account transactions and interest earned.

Make deposits and withdrawals anytime during normal bank hours.

We have two currency options for you to choose from:

Saudi Riyals or

American Dollars.

Interest is computed daily and added at the end of the month as follows:

		Riyad Bank is committed to assisting you in obtaining the most from your money with competitive investment rates, a secure environment and easy access.
		24 hour electronic access to the account, through RiyadOnline - Internet banking, RiyadLine - Telephone banking and RiyadMobile - Mobile phone banking
		Gain capital growth with a solid bank. Your risks are minimized to almost ZERO level.

It's FREE!!! - There are no service charges.


To open a Savings Account, please visit your nearest Riyad Bank branch and one of our agents will gladly assist you. Make sure that you bring the following documents with you:

		Valid Original ID (National ID for Saudis, Iqama for non-Saudis, and a Commercial Registration for companies).
		Clear postal address.

Please, visit your nearest branch or call our toll free number for more information 800-124-2223


Please note that no Debit Card or a Cheque Book will be provided with the Savings Account.
There is no minimum balance required and no service charges if you keep your account up and running.