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FTT statement on Crown Currency liquidation.read more... Choose the target rate for your currency exchange.read more... FTT underwritten by A-rated insurer to £1M per claim.read more... Euro, US and Canadian same day payments.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 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 (03-Feb-2012)
GBP/SAR - closing market price was 5.9304 with a low of 5.9056 and a high of 5.9492.
USD/SAR - closing market price was 3.7501 with a low of 3.7451 and a high of 3.7551.
EUR/SAR - closing market price was 4.9343 with a low of 4.9000 and a high of 4.9590.
