How to open a new account in Al Rajhi Bank?

Al Rajhi Bank is perhaps one of the most conventional and orthodox banks in Saudi Arabia. It offers only a current account with no offer to earn any profit. In this article, we have given the procedure to open a new account in Al Rajhi Bank

It is the biggest bank in Saudi Arabia as far as the number of branches is concerned.  Moreover, it is one of the oldest banks in Saudi Arabia which is why many old people and people who are living in remote areas prefer to open a new account in Al Rajhi Bank.

As soon as you enter any branch of Al Rajhi Bank, it gives you the true picture of a bureaucratic work environment. Moreover, you may also have to go there several times to open a new account as they don't assist you in your first attempt.

Most of the branches you will visit will refuse to open a new account putting the blame that “System is Down”.

How to open a new account in Al Rajhi Bank?

The procedure to open a new account is not that complicated if you have the basic information about where to start and what to do. This is the reason we have provided the entire process of opening a new account in Al Rajhi bank below.

1. Bank Al Rajhi online account opening

Al Rajhi bank online accounts opening service is pretty good and hassle-free. The first step to open a new account in Al Rajhi bank is to fill Bank Al Rajhi online account opening form. It is a detailed and comprehensive form without which you are unlikely to be entertained by the front desk officer in Al Rajhi Bank.

Open your web browser and go to the Al Rajhi Bank website and create a new account online. Below is the URL for the website to spare you from wasting a few minutes of searching it instead.

2. Visit the Al Rajhi Branch

Once you receive your reference number after filling in the details for creating a new account, print the form and number on a paper and visit the nearest branch of Al Rajhi bank closest to your house.

Once you enter the bank branch get a token slip from the counter for either a New Account or Sales. Once you take your slip for Sales, stand in front of the Sales Counter and wait for your turn.

3. Documents required to open an account in Al Rajhi Bank

When your turn up provides the staff person with the documents required to open an account in Al Rajhi Bank. The below list has been updated with the Al Rajhi bank new account opening requirements.

  • Reference number
  • Valid ID (National Identity Card or Family Registration Card for Saudis, Iqama or passport for non-Saudis)
  • Copy of Passport
  • Address in KSA and Home Country
  • Your Mobile Number
  • Letter of introduction from the employer (read below)
  • PO Box number (read below)

3.1 Letter from the Employer to open an account in Al Rajhi Bank

The letter of introduction should be stating Name, Iqama number, total monthly salary, date of joining and profession as per Iqama. This letter needs to be attested by the Chamber of Commerce.

Sample Letter of Introduction to open a bank account in Saudi Arabia is available at this link. We have listed down some important points for attestation of documents from Chamber of Commerce. I would recommend you to read them before personally visiting the chamber of commerce.

3.2 PO Box to open an account in Al Rajhi Bank

Some people have commented that the Bank asked them to bring the PO Box number opened in their name. Well, they did not ask it from me when I opened an account with them.

Once you provide them the above documents they will ask your different questions as part of a procedure to create your account. Along with this, they will hand over your new account number.

If you carefully observe the account number you'll note that the first three digits of your account number in the branch code. The IBAN number is your account number that is used for dealing with international transactions.

4. Deposit some money in your new Al Rajhi Bank Account

Once you have your account details return to the entrance and obtain another token slip, this time for depositing money. This time wait for your turn in front of the Deposit Counter and upon your turn deposit SR75 as part of a fee for generating you your ATM card.

5. Al Rajhi bank atm card application

After depositing the money making your way to the customer services counter and fill in the form for ATM card application.  Return it to the staff person at the customer services counter and follow the instructions they tell you.

Once you receive your ATM card and pin code make your way to the ATM machine outside of the bank and put your card in. After that enter your pin code on request.

Since the Pin code will be known to the staff member the first step you must follow is to change the Pin code number. On the Menu press the other options where you will find an option to change pin code. Click and enter a new pin code.

Once that is done reinsert your card and again move under the other operations option till your find enter your mobile number. Enter the number and wait till you receive an email address.

6. How to activate internet banking in Al Rajhi Bank?

When you receive the SMS move back into the bank and go to the customer services counter. Collect the form for internet banking for Al Rajhi Bank. Fill it in, submit it and return back home. You will be notified with an SMS for mobile number activation. After 24hours on receiving the SMS log on to

Finally, register yourself filling in the required details. Here you will be receiving several SMS during the completion of the procedure. Complete the process for Online Internet Banking and you are through!

7. How to open a saving account in al Rajhi bank

It is important to mention here that as per my knowledge, there is no option to open Al Rajhi Bank Saving Account as they only offer Al Rajhi bank current account.

8. Al Rajhi Bank Working Hours

Just like other banks in Saudi Arabia, the working hours of Al Rajhi Bank are 9:30 am to 4:30 pm. However, Al Rajhi bank working hours during Ramadan will be 10:00 am to 4:00 pm.

Should I open an account in Al Rajhi Bank?

My Personal Suggestion is that you should open a bank account in this bank only if you have to transfer frequently to the people who have Al Rajhi Bank Account through internet banking, or you are living in a remote area where no other bank is available.

Customer service of this bank is pathetic and you cannot get a credit card from them if your employer is not an approved employer. However, if your employer is one of the approved employers by Rajhi Bank, I think there should be no other option which you should consider.