Current Account - Open a Bank Account Online
Current Account
Join Riyad Bank now through opening a current account online without the need to visit the branch using Riyad Bank website or Riyad Mobile.
Open your account now with Riyad Bank Online and save your time and effort! All you have to do is to "Apply" then fill out the form, and document your personal information through the National Single Sign-On system using the Absher account. After the account is successfully opened, the ATM card (Mada) will be sent to ypur address
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Multiple ways to access your account.
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Free e-banking services.
- Combined monthly statements.
More Information
Opening a Current Account with Riyad Bank gives you the freedom to track your cash flows and access a range of other products and services.
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Available in Saudi Riyal and other major currencies.
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Payments can be made using Riyad Bank mada Card or cheque book.
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Account statements with itemized transaction details.
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Combined account statements for multiple account holders.
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Electronic bill payments in part or full.
It is designed specifically to fit everyone’s requirements, from individuals to corporate.
Committed to providing our customers with the latest banking updates and procedures to help them safely manage their banking accounts and transactions.
And in line with the Saudi Central Bank guidelines, we would like to inform you that accounts will be managed according to the cases described below and related circular will be applied.
Active accounts:
Transactions are considered Active if the last financial transaction (withdrawal or deposit – depending on the nature of the relationship) executed by the customer himself, his authorized representative, or his registered heirs have not been more than twenty-four (Gregorian) months, registered or by a reliable and documented correspondence.
Dormant accounts:
Transactions are considered Dormant if they have completed a period of twenty-four (Gregorian) months starting from the date of the last financial transaction (withdrawal or deposit – depending on the nature of the relationship) made by the customer himself, his authorized representative, his registered heirs, or a reliable and documented correspondence.
Unclaimed accounts:
Transactions are considered unclaimed if they have completed a period of five (Gregorian) years, sixty months including the dormant accounts period from the date of the last financial transaction (withdrawal or deposit - depending on the nature of the relationship) carried out by the customer himself, his authorized agent, registered heirs, or a reliable and authenticated correspondence. And the bank was unable to find the customer and exhausted all means of contacting him.
Abandoned accounts whose owners have cut off from the bank:
Transactions are considered abandoned and their owner has cut off from the bank if they complete the number and time stages described in this paragraph as of the date they are classified as unclaimed accounts. The banks were absolutely unable to infer the existence of the account holder through the movement of his accounts or other dealings with the bank, and all means of communication with him were exhausted in accordance with the communication policy and procedures.
You can open a current account online by pressing Open an Account.
Verify your personal information via the National Single Sign-On system using "ABSHER" account, and then your mada card will be delivered to your registered address.
Terms:
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Valid National Identity Number/Iqama
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Registered in Absher system for verification via the National Single Sign-On system
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The age must be 18 years old and above (in Gregorian calendar)
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Registered in the National Address
How to enroll to all our Digital Channels after opening digital account:
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You will receive a temporary user number and password by SMS on your mobile. The validity of the password will be 7 days
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Now, you should be able to activate your digital banking account by following these steps:
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Go to Riyad Online website or download Riyad Mobile app from any application store compatible with your device
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Enter your user ID (sent via SMS) and enter the temporary password (which you should have received by SMS)
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Riyad Online:
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Press forget password
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Enter your National ID
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You will receive one time password
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Enter your mada card password that you can set through via ATM:
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Insert your card
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Press forget password
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Enter authentication code sent to your mobile by SMS
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Enter your password and re-enter it again for confirmation
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Re-enter your email
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Set your new password
Riyad Mobile:
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Press forget password
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Enter your National ID
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You will receive one time password
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Enter your mada card password that you can set through via ATM:
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Insert your card
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Press forget password
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Enter authentication code sent to your mobile by SMS
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Enter your password and re-enter it again for confirmation
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Press new user name and enter your email
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Set your new password
If you are a student, you can also open your current account through the Riyad Bank website or Riyad Mobile App, and merge your student account with your current account!
All you need to do is filling opening account online application through Riyad Bank website, and after opening an account successfully, You can merge your current account with the student account easily through Riyad Online
How can you merge your current account with the student account through Riyad Online?
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After opening current account, you will receive a temporary user number and password by SMS on your mobile that you can use in Riyad Online and Riyad Mobile
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Sign in to Riyad Online
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A message will appear “Dear customer you already have student user registered – do you want to merge your student account with your current user?”
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Press Yes
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Enter your current account password
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Press implement
Now you merge your current user with your student account successfully!
To know more about our Digital Banking channels, please watch this video.
To know more about the registration steps for our Digital Banking, watch this video.
