Sarie Local Transfers

Additional features

• Flexible transfer fees
• Easy to manage local transfer & quick receipt
• Minimize need for cash
• Transfer to family members, friends or business using Transfer identifier to your account as Mobile, Email, ID (the mobile No, ID No. or the email must be connected to the beneficiary's bank account)
• Transfer using IBAN and Beneficiary Name (one time transfer without adding beneficiary, limitations apply)
• Customization of Instant Transfer Limits
• IPS supports list of registered beneficiaries with the digital channels
• The possibility of linking the Mobile, Email and ID with banking accounts

Sarie service is designed to accelerate the interbank financial transactions 24/7 enhancing efficiency and effectiveness of the Kingdom’s financial systems.New features of the IPS include the capability of conducting transfers using mobile number - personal number (National ID No., Resident ID No., or Commercial Registration) or e-mail. The service will provide the relevant bank information of the beneficiary in a safe way to complete the transfer process.