Al Rajhi International Transfer: Benefits, Transfer Fee, Exchange Rates

al rajhi international transfer
Home » International Money Transfer » Al Rajhi International Transfer: Benefits, Transfer Fee, Exchange Rates

AI Rajhi International Transfer is a fast, convenient, and safest way to transfer money internationally. With this service, customers can transfer money to and from any country across the globe with no hassle. AI Rajhi International Transfer offers competitive exchange rates and low transfer fees, making it an attractive option for customers moving money between countries. To know more about AI Rajhi International Transfer, the associated transfer fees, the current exchange rates, and much more, keep reading!

Benefits of AI Rajhi International Transfer

Money transfer abroad is a necessity for many individuals, businesses, and organizations. AI Rajhi International Transfer is one of the best options for those looking to transfer money abroad. This service has numerous benefits that make it an attractive option for international money transfers.

  • Extremely secure: They employ the latest security technologies to ensure that your money is safe and secure. Furthermore, all transfers are monitored closely by the bank’s security team to make sure that the funds are delivered to their intended recipient. This ensures that your money is safe and secure during the entire transaction.
  • Incredibly convenient: You can transfer money from your account to any other bank account in the world, or to an AL Rajhi account in any country. You can also transfer money from any other bank account to your AL Rajhi account. This makes international transfers incredibly simple and easy.
  • Competitive rates for foreign exchange: This means that you can get the best rates for your money transfers. Additionally, you can track the status of your transfer with their online system, which allows you to know exactly when your money will arrive.

AI Rajhi International Transfer Fees

When it comes to international transfers, AI Rajhi offers competitive transfer fees for both businesses and individuals. For businesses, AI Rajhi offers a flat fee of SAR 25 (INR 547) per transfer, no matter the amount sent. This fee can be waived for transfers of more than SAR 10,000 (INR 2.18 Lakhs), although this is subject to certain terms and conditions.

Individuals have access to the same competitive fees as businesses, but they also have the option to pay a variable fee based on the amount sent. For transfers up to SAR 9,999 (INR 2.18 Lakhs), customers pay a fee of SAR 25 (INR 547) per transfer, while for transfers between SAR 10,000 (INR 2.18 Lakhs) and SAR 99,999 (INR 21.89 Lakhs) incur a fee of SAR 35 (INR 766)per transfer. Finally, transfers over SAR 100,000 (INR 21.89 Lakhs )incur a fee of SAR 45 (INR 985) per transfer.

AI Rajhi International Transfer Exchange Rates 

When transferring money internationally, exchange rates play an important role in determining how much money you will actually receive. The AL Rajhi Bank is one of the most well-known banks in the Middle East and offers competitive exchange rates for international transfers.

The AL Rajhi Bank offers a range of international transfer services that are designed to make international transfers easier and more affordable. The bank offers competitive exchange rates which can help you save money when transferring money abroad. AL Rajhi Bank also offers a range of other services such as money transfer, foreign exchange, and international payments.

The AL Rajhi Bank has a range of options when it comes to international transfers. The bank offers a variety of services such as wire transfers, international bank transfers, and remittances. Each of these services has different fees and exchange rates associated with them. It is important to compare the different fees and exchange rates to make sure that you are getting the best value for your money.

Name of the Currency Selling Rates Buying Rates 
IDRN/AN/A
JPY120.69115.69
SAR124.70116.70
AEDN/AN/A
NPR8.05767.7576
PHP4.22534.1353
USD4.48754.3775
AUD3.00202.9270
GBP5.55055.4505
EUR4.89084.7908
SGD3.35173.2817
HKD57.9854.98
IDR0.03190.0284

How to Do AI Rajhi International Transfer?

To do AI Rajhi International Transfers all you are required to do is to follow the simple steps given below; 

  • The first step to do AI Rajhi International Transfer is to open an account with the bank. You will need to fill out and submit an application form and provide some personal information, such as your name, address, and contact details. You will also need to provide proof of identification, such as a passport or national ID card. Once your account is opened, you can start transferring money abroad.
  • The next step is to choose the country you are sending money. AI Rajhi allows you to send money to more than 200 countries, so you should be able to find the one you are looking for. Once you have selected the country, you can choose the type of transfer you want to do. You can choose from a bank transfer, online transfer, or cash transfer.
  • Once you have selected the type of transfer, you will need to provide the necessary information. For a bank transfer, you will need to provide the recipient’s bank account details, such as their name, account number, and address. For an online transfer, you will need to provide the recipient’s email address, and for a cash transfer, you will need to provide the recipient’s full name, address, and contact details.
  • Once you have provided all the required information, you can go ahead and initiate the transfer. AI Rajhi will take care of the rest, and the money should arrive in the recipient’s account within a few days.

Also Read: PHILIPPINE NATIONAL BANK INTERNATIONAL MONEY TRANSFER

FAQs 

Ques: What is AI Rajhi International Transfer?

Ans: AI Rajhi International Transfer is a secure and convenient way to send money abroad through Al Rajhi Bank. It allows customers to transfer money to any country in the world with no extra fees or commissions. The service is available online, through the bank’s mobile app, or through any of the bank’s branches.

Ques: How do I transfer money with AI Rajhi International Transfer?

Ans: To transfer money with AI Rajhi International Transfer, you will need to have an Al Rajhi Bank account and set up a transfer from your account. After logging in to your account, you can choose the country you want to send money to and enter the transfer amount. The money will be sent within two to three working days.

Ques: Are there any fees or commissions for using AI Rajhi International Transfer?

Ans: No, AI Rajhi International Transfer does not charge any fees or commissions.

Found this Blog Interesting? Follow Leverage Edu for more related articles and call 1800 57 2000 to book a FREE 30-minute study abroad counselling session today. Moreover, reach out to Fly Finance for finance-related queries. 

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