Saudi Arabia’s banking system offers efficient, reliable and globally connected services that help businesses manage their finances securely and support international growth with ease.
Use secure and easy-to-use online banking platforms that simplify daily financial tasks. This allows your business to manage accounts and transactions conveniently.
Manage global payments easily with multi-currency accounts that reduce exchange risks and give you better control over international finances.
Get reliable trade finance services and letters of credit to handle international transactions smoothly while reducing financial risks.
Work with dedicated relationship managers who understand your business and provide customized help for all your corporate banking needs.
We begin by understanding your business model and banking requirements, which enables us to recommend the most suitable banking direction.
Our team identifies the right banks for your needs, schedules meetings and guides you through the initial coordination process.
We support you in gathering, organizing and completing all required documents to ensure a smooth and error-free application submission process.
Based on your operations, we help you choose the ideal bank and account type that best aligns with your business needs.
Once the bank completes its review, we ensure quick approval and activation, which enables you to start managing your finances without delay.
Expert Guidance
Personalized support ensuring full compliance with all banking requirements.
Custom Solutions
Tailored corporate banking services designed for your business needs.
Top Bank Access
Direct connections with leading Saudi banks for better options.
Smooth Process
We manage documentation and activation for a hassle-free setup.When starting a business in Saudi Arabia, you will need to open a corporate bank account to manage all your company’s finances in a legal and organized way. This includes paying employee salaries through the Wage Protection System (Mudad), making payments to suppliers and handling transactions with government agencies.
It is necessary to meet local audit and tax regulations. Not only this, but it also helps keep your personal and business finances separate, ensures smooth day-to-day operations and makes your company look professional.
Business bank account set up in Saudi Arabia can be difficult because of the country’s strict rules and compliance standards. Many businesses face challenges with preparing the required documents, meeting residency conditions for an authorized signatory and providing full transparency to comply with anti-money laundering (AML) laws.
New or foreign-owned companies may also have fewer banking options based on their business type and how banks assess their risk. These factors can cause delays or complications. That is why it is important to have the right guidance and preparation.
Choosing the right local bank for your business can be challenging, as it requires researching banks that offer services for foreign-owned companies. Factors like support for multiple currencies, online banking or trade financing can affect your decision.
You can work with a reliable corporate service provider like Infinity Horizons to make the process easier. Our corporate bank account setup services in Saudi Arabia can help you find a bank that fits your business needs and handle much of the research and paperwork for you. This ensures a smooth start for your operations and gives you confidence that your financial setup is in good hands.
Yes, non-Saudi residents can open a corporate bank account in Saudi Arabia. However, the process is usually more detailed and time-consuming than it is for Saudi nationals. That is because banks require extra documents and may have stricter checks before approving the account. As a non-Saudi resident, you will typically need the following documents to open a corporate bank account in KSA:
Having all these documents ready can help make the process smoother and faster. Let Infinity Horizons handle all the paperwork, coordination and compliance so you can simply focus on building your business with confidence.
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