Looking to open an additional account with Saudi National Bank (SNB)? You’re in luck! SNB has introduced a seamless process for its customers to open extra accounts, providing unparalleled convenience. This article serves as your comprehensive guide on how to open an additional account with SNB and outlines the key requirements for this process.
How to Open an Additional Account with Saudi National Bank
Opening an additional account with SNB is a straightforward process. Follow these steps:
- Log in to the Saudi National Bank app here .
- Select the “Open Account” service from the dropdown menu.
- Choose the currency for the account and specify the reason for opening the additional account.
- Click “OK” to receive a verification code.
- Enter the verification code in the designated field. Upon verification, a form containing the details of the new account will appear.
- Read Also: How to Open an Investment Account with Saudi National Bank
Requirements for Opening an Additional Account with Saudi National Bank
To open an additional account with SNB, you must meet the following requirements:
- Debit card code.
- Banking phone number along with the PIN code.
Registration Process for Opening an Additional Account with Saudi National Bank
Registering for the additional account opening service with SNB is a simple process:
- Visit the official SNB website here .
- Click on “Register Here” to sign up.
- Provide the necessary information and submit it to receive a verification code on your phone.
- Minimum Balance for Opening an Additional Account with Saudi National Bank
If you’re opening an additional account in Saudi Riyals, the minimum balance required is 500 Riyals for individuals and 5000 Riyals for companies. However, if you opt for a different currency such as the US Dollar, the minimum balance required is 100 dollars.
Benefits of Opening an Additional Account with Saudi National Bank
The additional account offered by SNB comes with the following benefits:
- Ease of opening without complications, allowing you to use the account just 6 hours after opening.
- Inability to issue checks, distinguishing it from other accounts.
- Linking a debit card is essential to utilize the account via ATMs.
- Opening the account in currencies other than the Saudi Riyal, such as Euro, British Pound, UAE Dirham, and others.
Saudi National Bank Additional Account Opening Form
To open an account with Saudi National Bank, follow these steps:
- Visit the official SNB website.
- Click on “Personal Services”.
- Select “Open Current Account Online”.
- Click on “Open Your Account Now”.
- Fill in the required details.
- When prompted for “Personal Details”, enter your ID, residency, passport, or commercial registration number.
- After reviewing, agree to the terms and conditions.
- Click “Continue”.
- Fill in your personal financial settings.
- Ensure the accuracy of the information entered, and upon successful confirmation, you’ll receive a confirmation message.
How to Open a Corporate Account with Saudi National Bank
Opening a corporate account with SNB is as follows:
- Click on “Open Corporate Account”.
- Enter the company’s information and owner details.
- Agree to the terms and conditions.
- Enter the activation code sent to your mobile number, followed by the required information on the website.
- Verification through the Unified National Access Platform will be conducted, and upon completion, you’ll receive a message confirming the successful opening of the digital current account.
Frequently Asked Questions
- Can an account be opened jointly?
- Yes, an account can be opened jointly between two or more parties as long as they agree.
- Can a bank account be opened in someone else’s name?
- Yes, a bank account can be opened in another person’s name by submitting a set of documents.