Saudi National Bank

Saudi National Bank, known as SNB and formerly National Commercial Bank (NCB), provides acquiring services for merchants in Saudi Arabia. The contracting entity is the bank's namesake legal entity, and its stated client type is businesses.

POS and SoftPOS SNB offers Android POS and SoftPOS terminals with automatic reconciliation and settlement to the merchant account. The bank states that terminal installation is free of charge. Card networks, account types and fees are set out separately by legal entity and market, so merchants should request the current schedule.

Application requirements To apply, a business needs a valid commercial registration or licence, an ID and an SNB commercial account. This links acquiring directly to the bank's own business banking, so companies without an SNB account should plan to open one first.

Services The listed services are merchant acquiring and POS, together with the business accounts that settlement is paid into. Automatic reconciliation reduces manual matching for finance teams that handle many daily card transactions.

Who it suits Saudi retailers and service merchants that want terminals from the same bank that holds their commercial account, including those who prefer a software-based SoftPOS on an Android device over dedicated hardware.