Riyad Bank makes it easy and convenient for customers to open a new account, whether through the Riyad Mobile App or the official website. The Riyad Mobile App stands out as the most user-friendly and efficient way to set up your account.
Requirements to Open an Account
Before starting the process, ensure you meet the following prerequisites:
- A valid Absher account.
- A registered National Address.
- Must be at least 18 years old.
- Possess a valid National ID or Residency Permit.
For more details, refer to our detailed guide on using the Riyad Mobile App and download it to get started.
How to Open an Account via Riyad Mobile
Follow these simple steps to open an account through the app:
- Launch the App: Open the Riyad Mobile App and locate the "Open a New Account" button on the home screen (bottom-right corner).
- Enter Identification Details: Provide your National ID or Residency Permit number registered with Absher.
- Authenticate via Nafath: Log in with your Absher username and password on the Nafath page. Enter the verification code sent via SMS to complete authentication.
- Provide Personal Information: Most details will be auto-filled from Absher. Add additional information such as marital status, education level, place of birth, dependents, and the purpose of the account.
- Enter Employment Details: Specify your employment status and salary information. If unemployed, select the relevant status (e.g., homemaker) and fill in the required fields.
- Add National Address: Enter your neighborhood, street name, and other address details.
- Update Contact Information: Input your full name, email address, and phone number.
- Finalize the Account: Your account will be activated immediately. Your Mada card will be delivered to your registered National Address within seven business days.
How to Open a Secondary Account
Riyad Bank also offers the option to open additional accounts for savings or other purposes.
Steps to Open a Secondary Account
- Log in to Riyad Mobile or Online: Use your credentials to access the app or online portal.
- Submit a Request: Navigate to the "Requests" section and select "Apply for a New Account."
- Choose Account Type: Select between a Current Account or Savings Account based on your needs.
- Choose Currency: Pick your preferred currency, such as SAR, USD, or EUR.
- Sign the Account Electronically: Complete the process by confirming your account signature.
Features of a Secondary Account
- Manage multiple accounts seamlessly via Riyad Mobile.
- Access fund transfer options (local and international).
- Enjoy savings and other financial tools.
- Receive a Mada card for Current Accounts, available for branch pick-up or home delivery.
Why Choose Riyad Bank?
Riyad Bank combines convenience with versatility, offering comprehensive banking solutions tailored to your needs. Start your journey with Riyad Bank today by opening your account through the app or online!
