Effective September 1, 2009, all payments sent within the Kingdom of Saudi Arabia requires an International Bank Account Number (IBAN). Failure to provide an IBAN may result in that payment being rejected, delayed or incurring additional charges.
For more payment formatting information, please visit the section titled "Saudi Arabia" in J.P. Morgan's Treasury Services' Global Payment Guide 2013-2014.
For more complete information regarding anti-money laundering and payment regulation, please visit this document and the Anti-Money Laundering Committee page which can both be found on the website of the Saudi Arabian Monetary Agency.
Copyright © 2016 JPMorgan Chase & Co. All rights reserved.