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Overview
 

Corporate customers continuously seek to optimize their cash flow and manage payments efficiently, whether for business travel expenses, equipment purchases, online payments, or petty cash disbursements.

Features & Benefits

Comprehensive Digital Services

Access advanced digital tools that make it easy to issue, monitor, and manage cards across a wide range of services while maintaining greater control and visibility.

Multi-Currency Access

Manage international transactions more easily with a card preloaded with 5 default currencies (USD, GBP, EUR, AED, SAR), with the ability to add +100 foreign currencies electronically whenever required.

SADAD Integration

Settle bills and obligations quickly and securely through seamless connectivity with SADAD services.

Secure Global Transactions

Make online purchases, in store payments, cash withdrawals, and transactions in multiple foreign currencies with confidence wherever business takes you.

Dedicated Mobile App

Access account information, spending insights, and transaction management in real time through a user friendly mobile application at your fingertips.

Customer Status

Must be a bank customer and have a Corporate Current Account.

Credit Assessment

Must have a satisfactory credit assessment in line with bank policy.

Business Standing

Must operate as an established business entity in accordance with applicable regulations.

Commercial Registration

Provide a valid commercial registration certificate.

Financial Statements

Submit the latest audited financial statements.

Document Submission

Submit the completed and signed Multi-Currency Low Limit Entities Card Form and endorsed copies of the nominee’s IDs.

Bank Account Statements

Submit bank account statements covering the last 6 months.

Prepare Required Documents

Gather and ensure all required documents are ready before proceeding with the application.

Submit Your Application

Submit your application along with the required information to begin the review process.

Application Review

The bank reviews your application to assess eligibility and next steps.

Final Decision

Based on the review outcome, the application is either approved or declined, and you are notified of the decision accordingly.

Frequently Asked Questions

The Corporate Currency Card is a multi-currency card designed to help corporates manage business payments and expenses more efficiently.

The Corporate Currency Card supports payments in 100 currencies.

A fixed USD exchange rate of 3.75 applies to the Corporate Currency Card.

Yes. Companies can issue cards for employees based on business needs.

Yes. The Corporate Currency Card portal supports online load and unload functionality.

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Download the SIB
Corporate Currency Card App

Manage everything from your smart device. With one-time credentials, customers can perform instant banking operations wherever they are.

We’re Always Within Reach

Stay connected to your banking, through our customer care team, digital channels, and branches everywhere.

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Customer Care

Submit inquiries, raise complaints, and access support anytime.

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Corporate Offices

Explore our corporate head-quarters and regional offices across the Kingdom.

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E-Banking Services

Bank smarter and faster with our secure digital platforms.