Saudi companies doing business abroad often need USD and EUR payment routes alongside their domestic bank accounts. This guide covers the available rails, fees, and onboarding documents, plus the practical differences between fiat and stablecoin transfers.
International payment routes for Saudi companies
An approved Saudi company can use HEVN to collect USD or EUR from overseas customers, pay international suppliers, and send SAR through local bank transfers. Invoices, transaction records, and supporting documents stay together for reconciliation and review.
For most cross-border business payments, fiat transfers provide the clearest transaction record. Depending on the account and corridor, supported rails include ACH, US domestic wire, SWIFT, SEPA, and local bank transfers.
Supported payment rails
USD can be collected or paid out through SWIFT. Approved companies can also send SAR by local bank transfer, subject to corridor availability.
| Currency | Direction | Corridor | USD vs Spread | Payment Fee | Sender account |
|---|---|---|---|---|---|
| USD | Pay-in | SWIFT (Global) | - | $25 | Account under your company name |
| USD | Payout | SWIFT (Global) | - | $25 | Account under your company name |
| SAR | Payout | Local bank transfer (KSA) | 0.5% | 0.5% | Account under the provider's name (pooled) |
Documents to prepare
For onboarding, a Saudi company should prepare:
- a Commercial Registration (CR) Certificate from the Saudi Business Center
- a ZATCA Tax Identification Number (TIN) Certificate
- an Ejar contract, Saudi Electricity Company or National Water Company bill, or business bank statement dated within the past 90 days as proof of address
- a Wakala issued through Najiz or the Ministry of Justice if an authorized representative submits the application
HEVN may also request identity documents for directors and beneficial owners, an ownership chart, contracts and invoices, expected counterparties, and evidence of source of funds.
Stablecoins and on/off-ramp access in Saudi Arabia
Saudi Arabia does not yet have a clear legal framework specifically for stablecoins. In practice, stablecoins are actively used for trading and investment on international crypto markets. Chainalysis reports that Saudi Arabia has a comparatively high share of stablecoin and altcoin activity within MENA.
HEVN supports on- and off-ramp transfers between fiat and stablecoins for Saudi companies with an approved corporate account at an international exchange. Saudi companies are also widely supported by major crypto exchanges, including Binance. Access is not automatic. The exchange must approve the company and payment method, and HEVN must confirm the account and transfer route. Specific exchange products and SAR deposit or withdrawal methods may not be available to every business.
For international customer and supplier payments, fiat transfers are usually simpler. The beneficiary receives fiat directly in its bank account, and the bank records are easier to reconcile and present to Saudi Arabia's Zakat, Tax and Customs Authority (ZATCA) if requested.
Benefits of a Fiat Account for a Saudi company
- Receive payments from US customers through ACH or domestic wire.
- Use a Fiat Account for international settlements, then move funds between that account and your Saudi bank account.
- Use account details in your company's name to match incoming payments with customers and invoices.
- Keep USD to pay US suppliers, contractors, and other international operating costs.
- Keep invoices, payment records, confirmations, exports, roles, and approvals in one workspace.
- Send SAR payouts through supported local bank transfers.
We’ll confirm available accounts, payment rails, limits, pricing, and expected account-opening time during onboarding.
