Al-Rajhi Bank is one of the largest banks in Saudi Arabia. It offers various bank services, such as investment, deposits, and credit cards, according to Islamic requirements.
The bank now allows its customers to open new accounts online from the comfort of their homes. There are a few requirements you need, and the process is user-friendly. Let’s examine the steps to open a new current or savings account. At that same time, online banking is also growing elsewhere, such as Al Ahli Bank, allowing you to update your iqama.
What Documents Are Required to Open a New Account?
- Valid Iqama
- Saudi Mobile Number
- Nafath Registration
- Valid Nation Address Registration
- Email Address
- Age requirement ( must be 15 or older)
Opening an Al-Rajhi Bank Account Via Mobile App
Download the AlRajhi mobile app from the App Store; it will ask for registration to verify your account. Once your account is verified, you can manage your finances online without visiting the bank or standing in long queues. Here is a step-by-step guide to make your registration process easy.
- Start by downloading the AlRajhi Mobile app from the App Store (ios devices) or Google Play Store (Android devices)
- Launch the app, click New Account, and agree to the terms and conditions.
- Enter Iqama details and Mobile phone number.
- Enter the verification code sent via SMS to verify your identity.
- Enter your employment details, which include your profession, income source, and monthly income.
- Enter your personal information, such as family name and place of birth.
- Provide FATCA and CRS information.
- Set a username and password for online banking and enter your email address.
- You will receive your account number and IBAN via SMS.
Your online Al Rajhi account setup has been completed successfully. Congratulations! You can visit any of their branches to collect your ATM free of cost or order it through the app.
