Can foreigners open a bank account in Kuwait?
Yes, expatriates living in Saudi Arabia are eligible to open bank accounts. The primary requirement is holding a valid Iqama, which is the official residency permit issued by the Saudi government. With an Iqama, foreigners can open both personal and business accounts at most major national financial institutions, such as Al Rajhi Bank, Saudi National Bank, or Riyad Bank. The process is a standard procedure for those legally employed or residing in the Kingdom. Applicants should be prepared to present their passport and their residency permit at a branch to initiate the process, as digital account opening often requires these documents to be registered in the national database first.
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