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If someone transfers funds to your Saudi bank account from abroad, he would need the swift code. Here are the swift codes of major banks in Saudi Arabia, including SNB, Riyad Bank (RIBL), SABB, Rajhi, Alinma, ANB, and Al Bilad.
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What is a Swift Code?
Every bank has a Swift Code or BIC that helps international banks identify these banks. As mentioned before, it is mainly used for global payments.
Swift Codes of Saudi Banks
- Saudi National Bank – SNB Swift Code: NCBKSAJE.
- Riyad Bank Swift Code: RIBLSARI.
- SABB Bank Swift Code: SABBSARI.
- Al Rajhi Bank Swift Code: RJHISARI.
- Alinma Bank Swift Code: INMASARI.
- ANB Bank Swift Code: ARNBSARI.
- Al Bilad Bank Swift Code: ALBISARI.
- Bank Al Jazira Swift Code: BJAZSAJE.
- Banque Saudi Fransi Swift Code: BSFRSARI.
- Emirates NBD Bank Swift Code: EBILSARI.
- Saudi Investment Bank Swift Code: SIBCSARI.
- Saudi Central Bank Swift Code: SAMASARI.
You might wonder why the Saudi National Bank—SNB Swift Code ends with JE while the rest ends with RI. We have answered this below.
Components of Swift Code
A swift code mainly consists of 8 or 11 characters. Let’s take the example of Riyad Bank Swift Code: RIBLSARI.
- The first four characters are used to specify the bank: RIBL.
- The fifth and sixth characters specify the country: SA.
- The 7th and 8th characters identify the city: RI.
- The last three characters are optional and are used to specify the branch.
If you compare it with the Saudi National Bank SNB Swift Code (NCBKSAJE), the 7th and 8th characters represent Jeddah city.
Swift Code of Digital Wallets
As mentioned earlier, a swift code is used to transfer funds internationally. You cannot receive funds internationally from STCPay or any other digital wallet, so there is no speedy code for it.
Therefore, there is no swift code for STCPay, UrPay, Mobily Pay, Alinma Pay, or Friendi Pay.
Source: SAB Bank.
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