Free directory of all 72 correspondent bank SWIFT/BIC codes registered in SAUDI ARABIA. Click any bank to view its full record and track an international SWIFT payment routed through it.
Saudi Arabia's SARIE processes SAR settlements in real time and benefits from the riyal's USD peg, which eliminates exchange-rate risk on USD/SAR transfers. Al Rajhi Bank — the world's largest Islamic bank by assets — SAMBA Financial Group (now Saudi National Bank), Riyad Bank, and SABB (HSBC affiliate) are the dominant correspondents. Saudi Arabia receives the world's largest sovereign FX reserves management flows from SAMA, making it a major counterparty in global FX markets.
| RTGS / Settlement System | SARIE (Saudi Arabian Riyal Interbank Express) |
|---|---|
| Currency | SAR — Saudi Riyal |
| Central Bank | Saudi Central Bank (SAMA) |
| Typical SWIFT Timing | Same day (SARIE); 1–2 days (international) |
Most international SWIFT wires arrive in Saudi Arabia within 2–5 business days. Payments cleared through correspondent banks may take longer depending on intermediary routing and local cut-off times.
Saudi Arabia processes large-value interbank settlements through SARIE. Retail transfers typically use ACH or local clearing networks, while cross-border wires enter via SWIFT.
The primary settlement currency is SAR — Saudi Riyal. Foreign-currency wires are converted at the receiving bank's prevailing rate unless a specific currency account is held at the beneficiary institution.
Total correspondent banks indexed: 72