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Choose the target rate for your currency exchange.read more... FTT underwritten by A-rated insurer to £1M per claim.read more... Euro and US dollar payments settled same day.read more... NY listed broker partners with FTT.read more...Saudi Riyal (SAR) International Payment Information
The Saudi Riyal (SAR) is the currency of Saudi Arabia. It is subdivided into 100 halala. In June 1986, the Saudi Riyal was officially pegged to the IMF's Special Drawing Rights (SDRs). In practice, it is fixed to the US Dollar.
Whilst there are no restrictions moving money into or out of Saudi Arabia, there are some Banks that will not send international payments in Saudi Riyal. They will insist upon converting Saudi Riyal locally into another currency, such as US Dollars, before making an international transfer. This is an expensive option.
Live Saudi Riyal (SAR) Currency Exchange Quote For Your International Payment
Real rates, no surprises. Don't be fooled by currency converters on other sites. They give you non-tradable rates just to get your attention. Use the tool below to get the best currency exchange rate from FTT for your Saudi Riyal conversion and international payment or money transfer. The tool can be used to get the best currency exchange rate for buying Saudi Riyals or selling Saudi Riyals.
Making international payments and money transfers in Saudi Riyals to Saudi Arabia is an easy and seamless process. International payments and money transfers can generally be made within 2 days using an advanced payment provider such as FTT. Payments out of Saudi Arabia in Saudi Riyals will be dependent upon your Bank, as some Banks will not transfer Saudi Riyals internationally. In this case, you may need to change your Bank to one that allows international transfers in Saudi Riyals.
Payments will need a SWIFT/BIC code which is a unique code for the bank where the destination account is held. The SWIFT/BIC ID consists of between 8 and 11 capital letters and numbers.
Why FTT Currency for Saudi Riyal International Payments?
FTT Currency are experts at exchanging and transferring Saudi Riyals. We save you up to 90% of the cost of sending Saudi Riyals overseas and save you time because everything is online. In a few minutes you can send your first payment. Your funds are processed through protected client accounts at Barclays Bank and are fully insured against fraud or negligence by an 'A' rated insurer.
Latest Saudi Riyal News
Yesterday's Trading
GBP/SAR - closing market price was 5.6123 with a low of 5.5767 and a high of 5.6322.
USD/SAR - closing market price was 3.7503 with a low of 3.7454 and a high of 3.7553.
EUR/SAR - closing market price was 5.1168 with a low of 5.0791 and a high of 5.1311.
EU Raises 2010 GDP Forecast as Deficits (source: ForexNewsOnline)
The euro-area economy may expand 0.7 percent next year, the European Commission said, raising its forecast even as budget deficits and jobless ranks swell further. (source: ForexNewsOnline) - RSS widgets and RSS feeds on Feedzilla.com
The FAP Turbo's Efficiency and Affordability Make it a Top Choice to Most Traders (source: E-Zine)
As the global economic recession continues to loom in the background, prices of everything imaginable continues to hike and budgets have not been tighter than we have it now. More and more people are deciding to find new ways of earning extra, maximizing a... (source: E-Zine) - RSS news feeds and Widgets on Feedzilla.com
Greece's Financial Crisis and Its Effect on the Euro in 2010 (source: E-Zine)
How does the Greek financial crisis affect the Euro? What is in store for 2010? Here is one possibility... (source: E-Zine) - News widgets and RSS feeds on Feedzilla.com
How to Become an Educated Forex Trader (source: E-Zine)
Imagine for a moment that you're an investor. You can be investing in anything you like. Maybe you supply money for small business owners to start up, or maybe you pay for new music artists to make their albums. You're not going to throw your money at some... (source: E-Zine) - RSS feeds and Feed widget on Feedzilla.com
Forex Trading Bots - Don't Drink the Kool Aid (source: E-Zine)
I think somebody should finally be honest about these forex trading bots. It's about time traders come clean about this. I know that if you go searching for forex trading bots, you are going to find a lot of HYPE. You'll find a lot of website that will tel... (source: E-Zine) - RSS widgets and RSS feeds on Feedzilla.com
Currencies: Dollar gives up gains after U.S., Chinese data (source: Market Watch)
The dollar turns slightly lower as currency traders mull economic data out of China and U.S. reports on trade for January and weekly jobless claims. (source: Market Watch) - RSS and News widget on Feedzilla.com
S Korea cites eurozone woes for rates decision (source: FT)
South Korea's central bank held interest rates steady at a record low of 2 per cent for the 13th consecutive month, citing uncertainties caused by Europe's sovereign debt problems (source: FT) - RSS feeds and Feed widget on Feedzilla.com
Weak output puts pressure on sterling (source: FT)
Sterling comes under renewed pressure after disappointing production data adds to lingering concerns over the UK's economic recovery (source: FT) - RSS widgets and RSS feeds on Feedzilla.com
Traders bet on rise in Swiss franc (source: FT)
A possible change in policy by the Swiss central bank points to currency's appreciation, says Peter Garnham (source: FT) - RSS widgets and RSS feeds on Feedzilla.com
Currencies: Dollar falls vs. euro but gains on other rivals (source: Market Watch)
The dollar falls versus the euro, reversing an earlier gain, but it gains on the British pound and Japan's yen. (source: Market Watch) - News widgets and RSS feeds on Feedzilla.com
Disappointing data weigh on sterling (source: FT)
Sterling lost ground on Tuesday as disappointing economic data and renewed concern over the UK's banking sector and fiscal health weighed on the pound (source: FT) - RSS and News widget on Feedzilla.com
Currencies: Dollar up; rating agencies revive debt worries (source: Market Watch)
The U.S. dollar gains versus the euro and British pound, finding support amid ongoing worries about debt problems in the euro zone and the U.K. (source: Market Watch) - RSS feeds and Feed widget on Feedzilla.com
Currencies: Dollar turns up as U.S. stocks give up gains (source: Market Watch)
The dollar took its cues from equities markets Monday, as investors' falling risk appetite favored the greenback over riskier assets. (source: Market Watch) - News widgets and RSS feeds on Feedzilla.com
Euro Headed Below 1.55 (source: AME)
- Dollar Rally Set to Continue - British Pound Falls as UK Consumers Cut Back (source: AME) - RSS and News widget on Feedzilla.com
The ECB Has Room to Raise Interest Rates?! (source: AME)
- Dollar Rallies on Strong Data, but Watch Out for a Big Week - Is the UK Headed for a Recession? (source: AME) - RSS news feeds and Widgets on Feedzilla.com
Strong growth outlook lifts Swiss franc (source: FT)
The Swiss franc rose to its highest level for a year against the euro as the central bank revised its growth forecast for the economy to 1.5 per cent (source: FT) - RSS feeds and Feed widget on Feedzilla.com
Japan confirms strength of cyclical recovery (source: FT)
Japan's economy grew less than initially estimated in the fourth quarter of 2009 but the revised gross domestic product data unveiled were still cause for guarded optimism, said the government (source: FT) - RSS and News widget on Feedzilla.com
No need to fear renminbi strength (source: FT)
Markets are overestimating the potential impact of an appreciation of the Chinese renminbi against the US dollar on other currencies, says Antje Praefcke (source: FT) - RSS news feeds and Widgets on Feedzilla.com
China data spur talk of further tightening (source: FT)
Pressure on Beijing to begin raising interest rates and to allow the renminbi to appreciate against the US dollar is set to rise as inflation jumped 2.7 per cent last month from a year before (source: FT) - RSS and News widget on Feedzilla.com