Currency: Saudi Riyal (SAR)

Correspondent Bank

Saudi National Bank (Swift code: NCBKSAJE)

Cross-border remittance

Both inward and outward remittance*

Foreign exchange (FX) rate

Same-day and FX forward contracts (within the credit limit approved by the Bank)

Purpose of transfer

All purposes; but transfers for the purposes listed in the Negative list** must first be approved by the Bank of Thailand.

Supporting documents

According to the Bank of Thailand’s announcement

How to make a transaction

Transactions can be made at branches, Krungthai Corporate Online, and Krungthai Trade Online. (SAR will become available on Krungthai NEXT and Krungthai Business later.)

Customers

Available for individual customers and juristic persons

For more information, please contact Krungthai Contact Center at 02-111-1111.

Notes:

  • *The length of processing time may vary depending on the conditions of the beneficiary bank.
  • **The Negative List is announced by the Bank of Thailand.
  • Working days of Saudi Arabia’s banks are from Sunday to Thursday. Banks are closed on Friday and Saturday.
  • Conditions are as specified by the Bank.

Currency: Saudi Riyal (SAR) https://krungthai.com/Download/generalcontent/MediaFile_30431sarFeb23-listing.jpg

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