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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 5.7201 with a low of 5.7060 and a high of 5.7512.
USD/SAR - closing market price was 3.7505 with a low of 3.7455 and a high of 3.7555.
EUR/SAR - closing market price was 5.1050 with a low of 5.0948 and a high of 5.1539.
Currencies: Dollar modestly higher amid Greek uncertainty (source: Market Watch)
The U.S. dollar gained ground versus most major rivals Friday, extending the week's strong gains versus the euro amid continued uncertainty over the shape of a bailout plan for Greece. (source: Market Watch) - RSS feeds and Feed widget on Feedzilla.com
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 news feeds and Widgets on Feedzilla.com
Don't Be Fooled! Forex Trading Technical Analysis Or Fundamental Analysis - Which is Better? (source: E-Zine)
Everywhere you turn the Forex trading technical analysis and the fundamental analysis traders will argue that their way is better than the other. Every corner you turn on the Internet you will find Forex traders that will have strong opinions for both side... (source: E-Zine) - News widgets and RSS feeds on Feedzilla.com
Forex Robot - Understanding What Forex Robot Trading Systems Really Do (source: E-Zine)
Most people who are into Forex trading probably earn a lot of money but with the invention of automated Forex trading, earning money makes it a lot easier. You should probably have heard of Forex Megadroid and FAP turbo. These are example of Forex robot so... (source: E-Zine) - RSS news feeds and Widgets on Feedzilla.com
What Were the Achievements of Kishore M As Forex Trader? (source: E-Zine)
Kishore M has done research and discovered what percentage of the world's richest people had made their fortunes. He modeled his efforts on their example, and invested time, money and energy to learn all about stocks, property and the net. (source: E-Zine) - News widgets and RSS feeds on Feedzilla.com
Forex Price Action (source: E-Zine)
I trade Forex using Price Action alone without any indicators. As I have mentioned in other articles, most of the other indicators are based on price, so why not just understand the Price Action and leave out all the other indicators. Here are 7 things you... (source: E-Zine) - RSS feeds and Feed widget on Feedzilla.com
Spectre of Greek debt still haunts euro (source: FT)
Euro comes under pressure as concerns about Greece's fiscal problems resurface after comments from German leader's party (source: FT) - RSS feeds and Feed widget on Feedzilla.com
Currencies: Dollar up as Greece, Fed activity in spotlight (source: Market Watch)
The dollar rises by the most in a month amid signs of increasing tension within Europe over an aid plan for the debt-strapped Greek government. (source: Market Watch) - RSS widgets and RSS feeds on Feedzilla.com
Fall in UK unemployment lifts sterling (source: FT)
The pound rose to a three-week high against the dollar after figures showed a surprise fall in UK joblessness last month (source: FT) - RSS widgets and RSS feeds on Feedzilla.com
Dollar knocked by Fed rate decision (source: FT)
US currency edges lower as after the Fed commited to keeping interest rates at their current ultra-low levels for the foreseeable future (source: FT) - News widgets and RSS feeds on Feedzilla.com
S&P gives Greece a vote of confidence (source: FT)
Greece voiced disappointment after failing to win a specific pledge of financial aid from its eurozone partners. But S&P has given the country a vote of confidence by affirming its BBB plus credit rating (source: FT) - RSS widgets and RSS feeds on Feedzilla.com
Thai baht storms to 21-month high (source: FT)
Confidence grows that political turmoil is unlikely to degenerate into violence or bleed into the broader economy (source: FT) - RSS feeds and Feed widget on Feedzilla.com
Euro group stands ready to help Greece (source: FT)
Eurozone governments declare that they stand ready to help Greece tackle its debt crisis by establishing an emergency financial support facility (source: FT) - News widgets and RSS feeds on Feedzilla.com
Fear of political impasse hurts sterling (source: FT)
Pound loses ground as the prospect of a hung parliament in the UK and concerns over the country's economic recovery weighs on sterling (source: FT) - RSS and News widget 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 news feeds and Widgets 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 feeds and Feed widget on Feedzilla.com
Euro Extends Losses on Disappointing Data (source: AME)
- US Dollar: The Best of the Worst? - Euro Extends Losses on Disappointing Data - British Pound Gets Killed by Retail Sales (source: AME) - News widgets and RSS feeds on Feedzilla.com
Will the US Dollar Continue to Rally? (source: AME)
- New Zealand Dollar Hits 6 Month Low After RBNZ Rate Cut - Will the US Dollar Continue to Rally? - Euro Could Come Under Further Pressure on German IFO Report (source: AME) - RSS news feeds and Widgets on Feedzilla.com
Swiss franc nears record high against euro (source: FT)
Speculation mounts that Swiss National Bank is set to abandon its policy of intervening to stem strength of the franc as it nears the record against the single currency set in October 2008 (source: FT) - RSS and News widget on Feedzilla.com