CRS FATCA
The Common Reporting Standard (CRS)
\nThe Common Reporting Standard (CRS) is a global standard for the automatic exchange of financial account information. It was developed by the Organization for Economic Cooperation and Development (OECD) and has been designed to prevent offshore tax evasion.
\n\nThe Kingdom of Saudi Arabia (KSA) has committed to comply with the OECD’s CRS with reporting to the General Authority for Zakat and Tax (GAZT).
\n\nAl Rajhi Bank is required to be compliant with the CRS and to collect certain additional information from our customers to determine your tax residency status.
\n\n\nCRS FAQs for Individual
\nCRS FAQs for Corporate \n\n
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Foreign Account Tax Compliance Act (FATCA)
\nLaw of Tax Compliance Act of foreign accounts is a new law on the introduction of the US income tax to combat tax evasion from U.S person residing outside the United States. Al Rajhi Bank is committed to applying the tax liability of US accounts Law, by providing information on U.S customer accounts to the (IRS).
\n\n\n\n\n FATCA FAQs
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469 SAR
Billion in Total Assets
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543
Branches
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5,211
ATMs
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9,300+
Employees
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11,8 SAR
Billion Net Profit (before Zakat)
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Our Vision
To be a trusted leader delivering innovative financial solutions to enhance quality of life everywhere
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Customer First
Committed to providing you the best services and products for all your financial needs
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Our Mission
To be the most successful bank, admired for its innovative service, people, technology and Shariah compliance products, both locally and internationally
Al Rajhi Bank's values
Why we are the number one bank
of choice in the kingdom
Our values
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Integrity & Transparency
Openness and highest standards of corporate & personal ethics, in all that we do.
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A Passion to Serve Our Customers
A strong commitment to anticipate and address customer needs beyond expectation, helping them achieve their objectives.
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Modesty
Humility in thought and deed in everything we do.
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Innovativeness
Nurturing imagination and fostering creativity for better results.
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Meritocracy
Defining, differentiating and reinforcing excellence in people.
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Care for Society
Contributing towards a better tomorrow.
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