Letter of Guarantee

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Home > Products & Services > Trade Finance & liability > Letter of Guarantee

Letter of Guarantee

Riyad Bank Letters of Guarantee secure bids, advance payments, and contract performance reliably.

EXPLORE

Benefits:

Demand and conditional guarantees.

Bonds can be for Bid, Advance payment, Performance and Retention of Financial purposes.

Available as well are Shipping guarantees and Customs bonds.

Please fill & sign the below editable PDF agreement in the box, and kindly reach the nearest location as shown below.

Letter of Guarantee

Congratulations

Letter of Guarantee

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Apply Online - Letter of Guarantee

Please complete the form below

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Keeping in mind that a current account is required to obtain any product or service from Riyad bank, if you do not have one yet, you can open an account from here

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Existing or New Riyad Bank Client

Existing client

New client

Company Identification Type

Account Number

Commercial Registration number

Other ID Types

Company Identification Number Required

Company identification number should start with 7

Please enter a valid identification number

Invalid identification number

Company/Establishment Name Required

Region Required

Other ID Types

What would you like to subscribe to:

Open New Account and Subscribe to Product(s) and Service(s) with RiyadBank

Open Another Account

Subscribe To Products And Services

Please opt for above (only)option

EEU / Lending products

Name Required

Position Required

Mobile Number Required

Telephone Required

Extension

Email Required

Business nature Required

Last year turnover Required

Nearest Service Center Required

City Required

Financial Statement

Choose File

Please upload file less than 1MB.

Please enter a file with a valid extension (pdf,jpg,jpeg,png).

FILE NAME

No Files uploaded

I read and accept Terms & Conditions

accept terms and conditions

Verification code

Verification code is Required

Account Type

Current

Account Currency

S..R

Other (Specify)

account-currency-other

USD Only. For other currency please visit the branch for availability.

Account Language

Arabic

English

Is this account for the main entity or for one of the entity branches?

Main

Branch

Purpose Of Account

Check Collections

Payment of Obligations

Deposits

Deposit Shares of Capital

Other

purpose-of-account-other

please select the purpose of your account

How to Use the Account

Branch Visit

Rol Corporate

Riyad Line

Riyad Atms

Riyad Sms

Riyad Mobile

How to Use The Account

Business Start Date Required

Activity Sector Required

Last 3 Years' Turnover

Turnover/Income Required

Year Required

Average Of Other Income Required

Income Of Other Activities Required

Number Of Employees Required

Number Of Branches

Suppliers And Client Information

Main Suppliers

Name Required

Company City Required

Mobile Number Required

Email Required

Main Clients:

Name Required

Company City Required

Mobile Number Required

Email Required

Relationship With Other Banks:

Bank Name

Type Of Relationship

Deposits

Investments

Products

Credit Facilities

Types of Facilities & Products

Checkbook Request:

Number Of Checkbook

Checkbook Type

Regular

Politically Exposed Person (PEP) or/and related to a Politically Exposed Person (PEP)

Yes

Location Of The Branch Required

Email Required

Mobile Required

Financial Statement

Choose File

Please upload file less than 1MB.

Please enter a file with a valid extension (pdf,jpg,jpeg,png).

FILE NAME

No Files uploaded

Service Start Date

MOL# Required

Primary contact person

Phone Number

Email Required

Mobile Required

Service Details

Process via ROL-Corporate

Primary Account Number (IBAN)

Alternative Account Number (IBAN)

Average of other income

Employee count on day of agreement

Average of other income

Officer name

Average of other income

Type of Authorization

Receiving payroll reports

Financial Statement

Choose File

Please upload file less than 1MB.

Please enter a file with a valid extension (pdf,jpg,jpeg,png).

FILE NAME

No Files uploaded

Point of Sale (POS)

Contact name Required

Mobile Number Required

Email Required

P.O. Box

Zip Code

Number of Pos Devices Required Required

Retailer Name Required

Branches Location 1

City Required

Pick address from google map

National Address Required

Branches Location 2

City

Pick address from google map

National Address

Branches Location 3

City

Pick address from google map

National Address

Branches Location 4

City

Pick address from google map

National Address

Branches Location 5

City

Pick address from google map

National Address

Terminal Type

GPRS

Desktop (Enter Land Line Number)

Terminal type is required

Phone Number

Financial Statement

Choose File

Please upload file less than 1MB.

Please enter a file with a valid extension (pdf,jpg,jpeg,png).

FILE NAME

No Files uploaded

Fee:

Mada transactions : if the TXN < S..R 100 the fee will be 0.70%, If the TXN >= S..R 100 the fee will be 0.80 % Cap S..R 160.
Visa , MasterCard , UPI transactions : 2.50%
GCCNet transactions : 1.50% Cap S..R 80

Cash Deposit Card

Contact name Required

Email Required

Mobile Number Required

Phone Number Required

Services

New card

Reissuance

PIN Reissuance

Please select service type

Cardholder information

Name Required

ID Required

Branch to receive card and PIN Required

Financial Statement

Choose File

Please upload file less than 1MB.

Please enter a file with a valid extension (pdf,jpg,jpeg,png).

FILE NAME

No Files uploaded

Fee:

Card fees = 100 SR
Service monthly fee = 50 SR
Reissue of PIN = 15 SR

e-Commerce

Chamber of Commerce License No

MOL#

Primary contact person

Company Website

Service Details

Purchase

Recurring Installments

Refunds & Voids

Authorize / Capture

MOTO

Please enter Service Details

Number Of Users For MIGS Required

Primary Account Number (IBAN)

Alternative Account Number (IBAN)

Officer name

Mobile Number

Fax number

Phone Number

Financial Statement

Choose File

Please upload file less than 1MB.

Please enter a file with a valid extension (pdf,jpg,jpeg,png).

FILE NAME

No Files uploaded

Fee:

Set up fees = 10000 SR
Monthly Maintenance fees = 500 SR
Fee per user = 100 SR
Fee per transaction = 2 SR
Visa/Mastercard Service Charge = 4.25%
Refund Fee = 3 SR
Charge Back Fee = Free of Charge
Fail Transaction Fee = Free of Charge

Request Payroll Form

Service Start Date

MOL#

Primary contact person

Email Required

Mobile Number Required

Phone Number Required

Service Details

Payroll cards MyPay service

Process via ROL-Corporate

Please select service details

Alternative Account Number (IBAN)

Primary Account Number (IBAN)

Employees count on the day of agreement

Officer name Required

Type of Authorization

Sending payroll files & letters

Receiving ATM Cards

Receiving payroll reports

Type of authorization is required

Financial Statement

Choose File

Please upload file less than 1MB.

Please enter a file with a valid extension (pdf,jpg,jpeg,png).

FILE NAME

No Files uploaded

Fee:

Card fees = 100 SR
Service charges for each transfer:
- Riyad Bank Accounts = 0
- Local Bank Accounts = S..R 7
- Global Bank Accounts = S..R 80
Services charges per MyPay card
- Recurring fees (Monthly) = 0
- Reissue of card = S..R 50
- Iqama verification fee

Direct Credit

Contact Person

Email Required

Mobile Number Required

Phone Number Required

Service Start Date

Number Of Direct Credit Transactions Required

Purpose of payment

Incentive

Bonus

Loans

Other

Purpose of payment is required

Financial Statement

Choose File

Please upload file less than 1MB.

Please enter a file with a valid extension (pdf,jpg,jpeg,png).

FILE NAME

No Files uploaded

Fee:

Service setup fees = S..R 5000
Service charges for each transfer:
- Local Bank Accounts = S..R 7
  - Same Day fees = 7 SR
  - Future day fees = 5 SR
Global Bank Accounts = S..R 80

Visa Purchasing Card

Number of desired cards

Card holder name 1 Required

Card holder name 2

Card holder name 3

Card holder name 4

Card holder name 5

Account Number

Location Of The Branch

Authorization

hold VISA card's credit limit from the revolving facility with the bank

hold VISA card's credit limit from current account

Please choose an option

Amount by S..R (Figures) Required

Amount by S..R (Words) Required

Single Transaction Limit Required

Monthly Credit limit Required

Delivery Destination

Customer address

Branch

Relationship Manager

Please choose a single Delivery Destination

Email Required

Mobile Number Required

Phone Number Required

Financial Statement

Choose File

Please upload file less than 1MB.

Please enter a file with a valid extension (pdf,jpg,jpeg,png).

FILE NAME

No Files uploaded

Fee:

Card issue = S..R 1000
Annual fee =S..R 300

Need help?

Riyad Line: 800 124 2225

Support Hotline

Branch & ATM

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Riyad Bank, Public Shareholding Company, Capital of S..R 30 Billion, Commercial Register (1010001054), P.O. Box 13519 Riyadh 6671, Tel. +966 11 4013030, National Address: King Abdullah Financial District (KAFD) Financial Boulevard - Al Aqeeq District - Building No. 3128 - Riyadh, Kingdom of Saudi Arabia. www.riyadbank.com, is licensed by the Council of Ministers Resolution (91) dated 23.11.1957, and regulated by Saudi Central Bank.

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