Saudi Central Bank allows visitors to open bank accounts with visitor ID
The Saudi Central Bank has approved the use of the Visitor ID, issued by the Ministry of Interior, for opening bank accounts in the Kingdom. This move aims to enhance the experience of visitors, promote financial inclusion, and support digital transformation in banking. The ID can be verified digitally, enabling easier access to financial services for tourists and short-term residents.
The Saudi Central Bank has approved the use of the Visitor ID, issued by the Ministry of Interior, for opening bank accounts in the Kingdom. This move aims to enhance the experience of visitors, promote financial inclusion, and support digital transformation in banking. The ID can be verified digitally, enabling easier access to financial services for tourists and short-term residents.
