Saudi Awwal Bank

Saudi Awwal Bank is a Saudi bank whose history runs through the merger of two names: SABB (the Saudi British Bank) and Alawwal Bank, both now historical names of the combined business. It is also referred to as SAB.

Services for business The bank announced digital opening of business accounts for sole proprietorships, offered as an SME business account. For day-to-day operations it provides SAB iCorp, a corporate internet banking service that handles operating payments and account management.

Digital onboarding Remote opening is aimed at individual businesses, which is the group the bank names, and the internet channel lets customers manage accounts and payments without visiting a branch. The research does not set out fees, limits, currencies or processing times, so these should be requested from the bank when comparing options.

Naming Searchers may meet the bank under several names: Saudi Awwal Bank, SAB, SABB, Saudi British Bank and Alawwal Bank. They all refer to the same combined business.

Who it suits Sole proprietors and small businesses in Saudi Arabia that want a bank account opened digitally and an online platform for operating payments, as well as readers who need to match older SABB or Alawwal references to the current bank.