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Best Ways to Send Money to Saudi Arabia

Ensure quick transfer speeds, low fees, and competitive exchange rates when sending money to Saudi Arabia.

Read on for reviews, expert tips, and everything needed for money transfers to Saudi Arabia.

Jonathan Merry
Author 
Jonathan Merry
3 minutes
February 5th, 2024
Disclosure
Best Overall
9.2
Wise

Wise is the top rated money transfer provider that usually appears in our search results to Saudi Arabia.

Fastest Option
8.6
XE

XE tends to be the fastest way to send money to Saudi Arabia for many origin countries and send amounts.

Cheapest Option
8
Regency FX

MoneyTransfers have found RegencyFX has the lowest cost for sending to Saudi Arabia.

Compare rates and fees for sending money to Saudi Arabia

There are multiple ways to easily send and receive money in Saudi Arabia but these will largely depend on the provider you decide to use.

What’s the Fastest Way to Transfer Money Online to Saudi Arabia?

The fastest way to send money online is through the fast option offered by Western Union. With Western Union’s faster option, your money should reach its Saudi destination in a matter of minutes. The service is also fairly ubiquitous, meaning that you can use Western Union from almost any country.

The main downside to Western Union is that it’s expensive. If you are using their fast option, you are paying far more than the average money-transfer service.

What’s the Cheapest Way to Send Money?

The cheapest way to send funds is through an OFX bank transfer. OFX is the cheapest option because they offer the lowest currency conversion fees of all the major money transfer services. With OFX, you need to send a minimum amount that is higher than the competition. The good part is that the more money you send at once, the cheaper OFX becomes. Even if you only send the minimum transfer amount, OFX is cheap.

Once you set up your OFX account and connect it with the recipient’s bank account, it is both a cheap and easy service to use.

What’s the Easiest Way to Send Money Online to Saudi Arabia?

The easiest way to transfer money online is through OFX. Setting up an account and connecting with the recipient can be a bit of a hurdle, but once that is done OFX is very easy to use. Regular customers report that the cheap service also uses intuitive interfaces which make sending money a breeze.

What’s the Overall Best Way to Transfer Money to Saudi Arabia?

The overall best way to send funds online is using OFX. OFX makes sending money online extremely easy and extremely cheap. For these simple reasons, OFX is the overall best way to transfer funds.

The USD to SAR exchange rate

Mid-market Rate
1
= 3.750275 SAR
Mid-market rate at: 15:18 UTC
USD/SAR Median: 3.750414 Low: 3.750275 High: 3.750761
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Contributors

Jonathan Merry
Jonathan is the founder and editor of MoneyTransfers.com. Jonathan is highly experienced in the currency transfer market, having previously worked in the FX trading industry, alongside being an avid traveller. Using his knowledge he identified a need for transparency and further education to help people save money on their money transfers, leading to the creation of MoneyTransfers.com