Saudi Arabia
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Demand Drafts
If you want to send money home economically, safely and conveniently, there’s no better way than SABB’s Demand Draft remittance service.
A Demand Draft is a bank cheque that is payable to a named payee and drawn on an overseas branch or bank for any amount, in any currency and in almost every country in the world. SABB’s Demand Drafts are purchased and sold at competitive exchange rates.
Key Features
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Demand Drafts in Saudi Riyals (including those issued by other Saudi banks) can be cashed at any SABB branch
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Demand Drafts can be cashed only by the payee (upon showing proper identification) or credited to the payee’s accoun
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If a Draft is reported lost or stolen, the applicant can request a replacement Draft or obtain a refund from the bank at the current buying rate
Ready to apply?
Now
Or..
- Visit the nearest Branch...
- Call us..on Toll Free: 800 124 7666 within the Kingdom or +966 (0)1 2992222 from a mobile/abroad
- Register in SABBNET "Internet Banking Services" and enjoy preferential fees
