Transfer money through banks. Most of the people who do not have iqama use hawala system to transfer money but it is a very risky business.
How to apply for final exit on expired iqama.
How to send money without iqama. Daily money transfer limit of banks as we have mentioned earlier there is no limit to transfer money to your country by government authorities however banks have imposed some limits to reduce risk related to mishandling or unauthorized transactions. Procedure for final exit on iqama expiry. Transferwise converts your money at the inter bank rate the real rate so you save big time even versus the guys saying there s zero commission.
Issue final exit without iqama renewal is now possible. Check nitaqat category of kafeel if kafeel doesn t provide iqama to the employee within 3 months of his arrival. Check iqama transfer status online.
One of the many simple ways of sending money or you can say transferring money back to your country is going to one of the many banks in saudi arabia and fill out a transfer slip stating and mentioning clearly where you want to send the money to. When an expatriate s residency permit iqama is about to expire the bank they are dealing with starts to send messages asking them to update their data including a valid iqama number to. We all know that an expatriate needs to have a local sponsor to work in saudi arabia.
Then make a local payment to transferwise whether it s with a wire transfer ach or your debit or credit card. Just tap in how much and where to. In case you want to transfer your sponsorship to an individual who does not have the mol account you will have to follow the manual procedure of iqama transfer.
Other than transferring money through the bank you can also send money to the homeland through western union. The western union is the best choice if your dear ones do not have any bank account. Request a demand letter from your new employer.
Enjaz bank in saudi arabia is affiliated with the western union global money transfer association. Procedure to check naqal kafala status. Sample letter request two letters from your current employer addressing to the labor office and jawazat.
You can transfer the sponsorship after 1 month of the iqama and labor card expiry. 8 conditions to transfer iqama without sponsor s consent. If the sponsor is in the red nitaqat category.
Sponsorship transfer iqama transfer naqal kafala is allowed from one employer to another you can check iqama transfer status by visiting the ministry of labor ksa website.