Payment methods: local, SiFi and SWIFT
A payment method is how money reaches a partner. A partner can have more than one; you choose which to use each time.
| Method | Use it when | Cost | Arrives |
|---|---|---|---|
| Internal (SiFi) | Your partner also uses SiFi | Free | Instantly |
| Local | Your partner banks in Saudi Arabia | Shown before you send | Up to SAR 20,000: instantly (IPS). Over SAR 20,000: same day if sent 8 AM – 3 PM on a working day (SARIE), otherwise next working day |
| SWIFT SOON | Your partner banks outside Saudi Arabia | Shown before you send | 1–3 business days |
You don't pick the payment network for a local transfer: SiFi sends amounts up to SAR 20,000 instantly through IPS, and larger amounts through SARIE.
Guides
- Pay another SiFi account (internal transfer) — free, instant transfers between SiFi accounts
- Pay a Saudi bank account (local transfer) — send to any Saudi IBAN
- Pay an international account (SWIFT transfer) — international wire transfers SOON
- Verifying a payment method — how SiFi checks account details before the first payment
- Managing beneficiaries & IBANs — update, remove, and organize saved accounts
Need more help? Contact support@sifi.sa.