Product and service fees

At STC Bank, we’re committed to keeping things clear and making sure you know all the fees and charges upfront.

Bank Accounts

Product / Service
Fees (Excluding VAT)
Opening a current or savings account
Free

Cash Withdrawals and Deposits

Product / Service
Fees (Excluding VAT)
Cash withdrawal
Free

Mada Cards

Product / Service
Fees (Excluding VAT)
Mada card issuance
Free
Mada card renewal
Free
Re-issuance of a mada card retained by an ATM
Free
Re-issuance of a mada card (lost, damaged, or PIN entered incorrectly 3 times)
10 ⃁
Additional mada card issuance
10 ⃁
Domestic use of a mada card at POS terminals or for online purchases
Free
Use of a mada card at POS terminals within the GCC network
Free
International purchase transactions
2% of the transaction amount
Cash withdrawal with a mada card via the GCC network
10 ⃁
International cash withdrawal with a mada card, excluding the GCC network
Not exceeding 3% of the transaction amount, up to a maximum of ⃁ 25
Balance inquiry and mini statement at ATMs
Free
Balance inquiry with a mada card at ATMs within the GCC network
3 ⃁
Incorrect dispute of transactions or an account statement
15 ⃁

SADAD Payment Services

Product / Service
Fees (Excluding VAT)
Payment and refund of bills and service fees
Free

Transfers

Product / Service
Fees (Excluding VAT)
Beneficiary registration
Free
Setting up a standing payment order
5 ⃁
Cancelling a standing payment order
Free
Transfer between accounts within the same bank / between wallets within the same e-money institution
Free
Transfer from a bank account / e-money institution within KSA, for amounts up to and including SAR 2,500
0.5 ⃁
Transfer from a bank account / e-money institution within KSA, for amounts above SAR 2,500 and not exceeding SAR 20,000
1 ⃁
Transfer from a bank account / e-money institution within KSA, for amounts above SAR 20,000 (same business day)
7 ⃁
Transfer from a bank account / e-money institution within KSA, for amounts above SAR 20,000 (next business day)
5 ⃁
Transfer to a bank outside KSA
50 ⃁
Amendment / cancellation of an international transfer
15 ⃁

Banking Documents and Certificates

Product / Service
Fees (Excluding VAT)
Identification certificate
Free
Periodic account statement covering less than one year, at the customer's request
Free
Account statement covering less than one year
Free
Account statement covering more than one year
Free

Product / Service
Fees (Excluding VAT)
Proof of debt document
Free
Debt transfer letter
Free
Clearance letter
Free
No liability certificate
Free
IBAN certificate
Free

Product and service fees

Fees and charges

Local transfers

Prices are exclusive of VAT

Local transfer (IPS)

Amount less than or equal to 2,500 ⃁

⃁ 0.50

Amount above 2,500 ⃁ and up to 20,000 ⃁

⃁ 1.00

Local transfer (RTGS)

Same-day settlement

7 ⃁

Next-day settlement

5 ⃁

Open current or saving account

-

Free

No objection certificate and Debt certificate

-

No fees for the 1st year

Administration fees for personal finance

-

0.5% of financing amount or 2,500 SAR whichever is less

IBAN certificate issuance

-

Free

Cash deposit transaction

-

-

International transfers (Western Union)

Prices are exclusive of VAT

Afganistan

Afganistan

15 ⃁

Bahrain

Bahrain

20 ⃁

Bangladesh

Bangladesh

15 ⃁

China

China

20 ⃁

Egypt

Egypt

15 ⃁

Ethiopia

Ethiopia

20 ⃁

India

India

15 ⃁

Indonisia

Indonisia

15 ⃁

Iraq

Iraq

20 ⃁

Jordan

Jordan

20 ⃁

Kenya

Kenya

20 ⃁

Kuwait

Kuwait

20 ⃁

Lebanon

Lebanon

20 ⃁

Morocco

Morocco

20 ⃁

Nepal

Nepal

15 ⃁

Oman

Oman

20 ⃁

Pakistan

Pakistan

Free

For transactions equal or more than 375 ⃁

15 ⃁

For transactions below 375 ⃁

Palestinian Authority

Palestinian Authority

20 ⃁

Philippines

Philippines

15 ⃁

Sri Lanka

Sri Lanka

15 ⃁

Sudan

Sudan

15 ⃁

Turkey

Turkey

20 ⃁

Vietnam

Vietnam

15 ⃁

Yemen

Yemen

15 ⃁

Rest of the world

Rest of the world

25 ⃁