Instant Transfer – Saudi Arabia
The Saudi Central Bank announced the instant transfer/payments system. Starting from February 21, which will enable individuals and institutions to complete transfers between various banks in Saudi Arabia immediately, 24 hours a day, 7 days a week.
Saudi Central Bank
Instant Transfer – Saudi Arabia Source
البنك المركزي السعودي يطلق نظام المدفوعات الفورية في 21 من فبراير الجاري والذي سيمكّن الأفراد والمؤسسات من إتمام عمليات التحويل بين مختلف البنوك #السعودية بشكل فوري على مدار 24 ساعة طوال أيام الأسبوع. pic.twitter.com/oujQEZ6gTf— العربية السعودية (@AlArabiya_KSA) February 11, 2021
With this service, individuals & establishments can transfers between the banks locally any time of the day seven days a week.
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