Reducing the risk of nonpayment

The danger of failure or unwillingness of one or more partners to fulfill their obligations on a local or international level is a risk that no company should take. Let us ensure that your company is protected from financial losses with a Letter of Guarantee.

  • Reducing the risk of nonpayment
  • Globally accepted
  • Guaranteed payment

Enjoy the benefits of our Letter of Guarantee

Ready to apply for your Letter of Guarantee?

  • Am I eligible?

Here are the things that we’ll need from you…

Eligibility & Criteria

  • At least 15 years of age
  • Must have a valid ID

Required Documents

  • Saudi Passport or National ID Card



Fees & Charges

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Annual Membership KD 80
Lowest Profit Rate No Fees
Late Payment No Fees
Cash Withdrawal KD 4
International Use (POS) 3%
International Cash Withdrawal KD 4 + 3%
Card Re-Issuance Fee KD 20
Electronic Statment No Fees
Monthly Minimum Payment     Revolving 8.33%
Monthly Minimum Payment     Revolving Full

Frequently Asked Questions:
Letter of Guarantee

  • How long does it take to process Letter of Guarantee?
    We can process your Letter of Guarantee within 24 hours upon receiving a complete application, subject to the availability of your credit facility.
  • Can I issue a special text other than the bank-approved texts?
    Yes, we can issue Letters of Guarantees in special text but it is subject to Shariah, legal and risk approvals.
  • How do I cancel Shipping Guarantee?
    Please return the original Shipping Guarantee to Al Rajhi Bank for cancellation.