Now it is very easy to open a bank account in SABB Bank by filling an online form fulfilling all the requirements given below. Here is a detailed guideline of how you need to proceed to complete the process.
The first thing you need to do to open an account with the SABB Bank online is to click on this link and select “New Application” there. You can select any language from the Arabic and English options given. https://eform.sabb.com/ao/
In the next step, the system will open an account opening form which you need to fill with your personal details such as nationality, country of residence, residence ID, birth information and the contact information. Once all the information is entered, click on the “Next” button.
In the next step of filling an online account opening form on the SABB Bank website, the system will ask you some information about the type of account you want to create such as is it a current or savings account, your income, occupation, and other such details. You will also be required to select the company where you are working right now and enter your monthly salary.
In the next step, the system will ask you about the address in your home country. You will be required to select your continent, the country and write the name of the city where you live in your home country.
Now you will be requested to enter some more information about the anticipated deposits, withdrawals, local and overseas transfers from your account while filling an online account opening form on the SABB Bank website. Make sure you enter this information taking into account the salary you have entered a couple of steps earlier.
In the next step, the system will ask you if you have any relationship with any other bank in Saudi Arabia. As per my understanding, here you need to mention all the banks where you have bank accounts in Saudi Arabia.
In the next step of filling an online account opening form on the SABB Bank website, the system will ask you if you are a tax resident of any country or country for the tax purpose of Saudi Arabia? If you are living in Saudi Arabia for the most part of the year i.e. more than 183 days in a year, you are not a tax resident in any other country.
Now you will be presented with a set of terms and conditions which you can read, download and print for your record. Just click on the button that you agree with the terms and conditions while filling the online account opening form on the SABB Bank website and enter the captcha code.
In the final step, a confirmation message will appear that you have successfully completed the online account opening form. Now you need to visit any SABB Bank branch along with the requirements to open the bank account.
SABB bank account opening requirements
After successfully fulfilling the account opening form on the website of SABB bank, you will be required to arrange the following requirements to complete the process.
- Letter of Introduction from Employer: Sample Letter of Introduction to open a bank account in Saudi Arabia is available at this link. The letter must be attested by the Chamber of Commerce.
- Original Valid Iqama
- Copy of the Passport
- Your home address must be registered with the National Address System