Al Rajhi Bank SWIFT Code: RJHISARI

Al Rajhi Bank SWIFT Code: RJHISARI

The Al Rajhi Bank swift code for international wire transfers is RJHISARI — the identifier used by banks outside Saudi Arabia to route funds to Al Rajhi Bank, the world's largest Islamic bank and one of Saudi Arabia's most widely used financial institutions.

What Is the Al Rajhi Bank SWIFT Code?

The Al Rajhi Bank SWIFT code is RJHISARI. It is the primary SWIFT/BIC code for Al Rajhi Bank, a Riyadh-headquartered institution with over 500 branches across Saudi Arabia and one of the largest bank balance sheets in the GCC. The code applies to all international wire transfers sent to Al Rajhi accounts from outside the country. You may also see it written as RJHISARIXXX — the XXX suffix indicates no specific branch, and both formats are accepted by international sending banks.

Breaking down the code: RJH identifies Al Rajhi Bank, SA is Saudi Arabia's ISO country code, and RI references Riyadh, where the bank's head office is located.

Saudi Arabia IBAN Requirement for Al Rajhi Transfers

Saudi Arabia uses IBAN for all bank transfers. An IBAN is required — not optional — for every international wire to an Al Rajhi Bank account. Submitting a wire with only an account number and no IBAN will reject the transfer before it reaches Saudi Arabia.

Saudi IBANs follow the format SA followed by 22 digits — 24 characters in total. The structure encodes the bank code and account number within the IBAN string, meaning a valid Saudi IBAN contains all the routing information Al Rajhi needs to post the funds correctly once the wire arrives.

Al Rajhi account holders can find their IBAN through the Al Rajhi mobile banking app (Al Rajhi Mobile), internet banking portal, account statements, or by visiting any Al Rajhi branch. Do not attempt to construct a Saudi IBAN manually — always use the IBAN provided directly by the account holder. A single transposed digit invalidates the check number and rejects the transfer.

If your US bank's wire form does not have a dedicated IBAN field, enter the Saudi IBAN in the account number field and note it clearly as an IBAN in the memo or reference field. Confirm with your bank how it handles IBAN-based transfers to Saudi Arabia before initiating.

How to Wire Money from the US to Al Rajhi Bank

To send an international wire from the US to an Al Rajhi Bank account, provide your bank with the following:

Recipient name: Full legal name or registered business name, exactly as it appears on the Al Rajhi account IBAN: Saudi IBAN in the format SA followed by 22 digits (24 characters total) SWIFT/BIC code: RJHISARI Bank name: Al Rajhi Bank Bank address: Al Rajhi Bank, King Fahad Road, P.O. Box 28, Riyadh 11411, Saudi Arabia Purpose of transfer: Specific description of the commercial basis for the transfer Recipient address: Full physical address of the account holder Transfer currency: USD or SAR (confirm with recipient before initiating)

The IBAN encodes the account and branch information — unlike Canada or India where transit numbers or IFSC codes must be provided as separate fields, a valid Saudi IBAN contains everything Al Rajhi needs for internal routing. Include the SWIFT code and IBAN together on every transfer.

Al Rajhi as an Islamic Bank: What It Means for Transfers

Al Rajhi Bank operates under Sharia principles, which prohibit the charging or receiving of interest (riba). In practice, this means Al Rajhi structures its financial products differently from conventional banks — savings accounts earn returns through profit-sharing arrangements rather than interest, and financing products are structured as asset-backed transactions rather than interest-bearing loans.

For US businesses sending international wire transfers to Al Rajhi accounts, the Islamic banking structure does not change the wire transfer mechanics. The SWIFT code, IBAN, and transfer instructions are identical to those of a conventional bank. The transfer arrives, posts to the account, and is available to the recipient in the same timeframe as any other Saudi bank wire.

Where Islamic banking context becomes relevant for US businesses is in understanding fee structures on Al Rajhi business accounts and in structuring financing or payment terms with Saudi partners who bank at Al Rajhi. If your business relationship involves deferred payment terms, installment structures, or trade financing with a Saudi counterparty, the Sharia-compliant framework affects how those arrangements are documented and executed — consult a legal or financial advisor familiar with Islamic finance if that applies to your situation.

USD vs. SAR Transfers to Al Rajhi

Wiring USD to a SAR Al Rajhi account. Al Rajhi converts incoming USD to Saudi riyals upon receipt at its prevailing exchange rate. The Saudi riyal operates under a fixed peg to the US dollar — the SAR/USD rate has been fixed at approximately 3.75 SAR per USD since 1986, managed by the Saudi Central Bank (SAMA). This makes the Saudi riyal one of the most stable currency destinations for USD wire transfers among major emerging market economies. The conversion spread applied by Al Rajhi is narrow relative to floating currency destinations, but is still present — the recipient receives SAR at Al Rajhi's applied rate, not the mid-market rate.

USD-denominated accounts at Al Rajhi. Al Rajhi offers foreign currency accounts for eligible business customers that can receive and hold USD without immediate conversion to SAR. For US companies making regular payments to Saudi vendors or contractors who invoice in USD or need to hold foreign currency for import purchasing, confirming whether the recipient holds a USD account at Al Rajhi eliminates the conversion spread entirely. Ask your recipient directly — not all Al Rajhi retail accounts include multi-currency capability, but business accounts typically do.

SAMA regulations on foreign currency. The Saudi Central Bank regulates foreign currency flows and requires that international wire transfers to Saudi Arabia carry a declared purpose. SAMA's framework is well-integrated into Al Rajhi's compliance processes — transfers that arrive with vague or missing purpose descriptions are flagged for review before funds are released. The fixed peg means currency risk is minimal, but compliance documentation is still required on every transfer.

Common Mistakes When Wiring to Al Rajhi Bank

Missing or incorrect IBAN. Saudi Arabia requires IBAN for all international wires. A wire submitted with only an account number and no IBAN will reject at the correspondent bank level before reaching Al Rajhi. Always obtain the full 24-character Saudi IBAN directly from the recipient — do not reconstruct it from partial information.

Incomplete beneficiary address. SAMA AML requirements and Al Rajhi's compliance framework both require a full beneficiary address on incoming international wires. Transfers submitted without a complete recipient address are flagged for manual review, adding processing time. Include the recipient's full registered address on every transfer.

Missing transfer purpose. A vague or absent purpose description triggers a compliance hold at Al Rajhi before funds are released to the recipient. Use specific, invoice-linked language — "payment for software development services per invoice [number] dated [date]" rather than "services" or "payment." This applies to every transfer, not just the first one.

Assuming no FX exposure due to the riyal peg. The SAR/USD peg eliminates currency volatility risk, but Al Rajhi still applies a spread on conversion. For large USD-to-SAR transfers, the spread is a real cost — worth confirming Al Rajhi's applied rate before initiating if the SAR amount received matters to the recipient.

Using the wrong SWIFT code for Al Rajhi international branches. Al Rajhi operates branches in Kuwait, Jordan, and Malaysia, each with distinct SWIFT codes separate from RJHISARI. Wiring to an Al Rajhi Malaysia or Al Rajhi Kuwait account using the Saudi head office SWIFT code will misroute the transfer. Confirm the correct SWIFT code with the recipient for any non-Saudi Al Rajhi account.

How Slash Helps

US companies with Saudi or broader GCC operations manage a wire corridor that is cleaner than many emerging markets — the riyal peg removes currency volatility, IBAN adoption eliminates routing ambiguity, and Al Rajhi's infrastructure is modern and reliable. The friction that remains is documentation: SAMA compliance requirements, purpose code specificity, and the per-transaction overhead of maintaining clean records across a high volume of vendor or contractor payments.

Slash is built for US businesses managing international vendor and contractor payments across the GCC and beyond. For Al Rajhi account holders who accept card payments, Slash virtual cards let you pay Saudi vendors directly without initiating a wire — no IBAN lookup, no SAMA documentation hold, no correspondent bank fee per transaction. For wire-dependent payments, Slash's real-time spend tracking records every transaction at initiation with vendor-level categorization, giving your finance team a timestamped and organized record of every Saudi Arabia payment. Transparent FX rates mean the cost of every riyal-denominated payment is visible before you approve it.