Bank accounts

These days most of us use a multiplicity of traditional and electronic channels to access our money, make banking transactions and use financial services and products. Financial fraud has increased rapidly in number and sophistication of techniques and methods used by fraudsters. Their main goal is to deceive individuals in order to illegally obtain their… More »

A study conducted by the Saudi Arabian Monetary Authority (SAMA) revealed that bank customers spent an estimated 12 to 15 million hours at bank branches every year to pay their bills, making it a heavy burden on both banks and customers. However, the situation has improved with the launch of the SADAD payment system, whereby… More »

Bank accounts have become a necessity in the lives of individuals everywhere in the world. Not only do they allow us to manage our day-to-day financial affairs with simplicity and ease, but also come with a range of benefits that make them absolutely indispensable. So, if you are opening your first current account, or planning… More »