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Flag of Saudi Arabia

Asia · SAR · 2 routes

Payouts to Saudi Arabia

Route catalog · SA

Choose a payout method

Supported currencies

SAR

Cutoff & delivery timing

T1

Same-day processing subject to cutoff of 7:30 UTC

Scroll horizontally to compare supported modes

Transaction limit per end-user B2BB2PP2B
MaxNo limitNo limitNo limit
MinNot specifiedNot specifiedNot specified

Route details

Select a supported mode

Beneficiary statement narrative

[{Ultimate Sender Name and narrative details will be passed as part of pacs.008 message to beneficiary bank.}, { Details available on beneficiary statement will be dependent on beneficiary bank.}]

Network participant

Bank

Channels

All major banks enabled with SWIFT

Routing code

SWIFT

Proof of payment

pacs.008 can be considered as a proof of payment and can be provided on request

Notes

"Payments to individuals must include the beneficiary's national identification/residence permit number.", "For corporations include the tax ID or business identification number. ", "For WIRES, NIUM supports transactions with SHA Fee Type."

Mandatory data requirements

Remitter

  • Remitter Name
  • Remitter Account Type
  • Remitter Identification Type
  • Remitter Identification Number
  • Remitter Address
  • Remitter Country Code
  • Remit Purpose Code

Beneficiary

  • Beneficiary Name
  • Beneficiary Account Number
  • Beneficiary Account Type
  • Beneficiary Country Code
  • Beneficiary Address
  • Beneficiary City
  • Beneficiary Postcode
  • Beneficiary Identification Value

Routing

  • Routing Code Type 1 – SWIFT CODE
  • Routing Code Value

Supporting documents

  • Remitter Beneficiary Relationship
  • Nature of Business
  • Duration of Contract
  • Commercial Agreement
  • Current Invoice

Beneficiary account type

CORPORATE

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