Corporate Savings Account offers you options to grow your business starting from just one riyal, with flexibility and security for your transactions, in addition to competitive and distinctive returns. Discover how savings solutions can give you greater opportunities to manage cash and financial planning for your business.
Open Your Account Now Business Internet Registration
Features that meet your need:
- Start your savings with just one riyal and enjoy returns of up to 3%* annually when increasing your balance Free Saving account opening.
- Stay informed about your account activity through account statements and via self-service banking.
- Secure financial returns distributed monthly based on investment outcomes.
- Flexible returns that increase with balance growth and decrease with balance reduction.
- Ability to withdraw funds at any time during the investment period.
Steps to open the account via Online Business Banking:
- Click on "Account Information."
- Choose "Create Sub-Account."
- Specify the type, currency, and purpose of the account.
- Select users if there are multiple users.
- Confirm and enter the verification code.
Savings Account Package |
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Balance Limits |
AER |
Maturity in Month |
Number of Withdrawals Permitted per Month |
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SAR 1 –100,000 |
2.22%/Year |
One Month |
Open |
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SAR 100,000 –1,000,000 |
2.25%/Year |
One Month |
Open |
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SAR 1,000,000 – 3,000,000 |
2.50%/Year |
One Month |
Open |
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SAR 1,000,000 and above |
3%/Year |
One Month |
Open |
Savings Account Feature:
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Terms and Conditions:
- A current account is required.
- No fees are charged on withdrawal transactions during the savings period.
- The savings account carries risks, including temporary investment opportunities in the market and seasonal business lulls during holidays and summer vacations, which may affect account returns. Therefore, the bank does not guarantee account stability or returns. However, potential future opportunities can be anticipated based on the bank's investment results.
- Please note that returns will automatically increase for those whose balance reaches the minimum threshold of the highest savings package, and returns will decrease automatically for those whose balance reaches the minimum threshold of the lowest savings package.
- A minimum balance is required for the savings account, which qualifies for entry into the investment pool to receive savings returns (according to package terms).
Investment Pool
An investment pool consists of revenue-generating and stable investments in terms of fair value and cash flows.
Components of the Investment Pool:
- Financing instruments
- Sukuk (Islamic bonds)