The Saudi Central Bank (SAMA) has officially approved the use of a ‘Visitor ID’ as valid identification for opening bank accounts within the Kingdom, marking a significant step toward greater financial accessibility.
According to the reports, the approval is subject to each bank’s internal policies and compliance with SAMA’s established account‑opening regulations.
The SAMA stated in a statement that the ‘Visitor ID,’ issued by the Ministry of Interior, serves as an official identification document for visitors to the Kingdom and can be verified through authorized digital platforms.
The Visitor ID (or Digital Visitor ID) is a digital document launched by the Saudi General Directorate of Passports (Jawazat) for visitors with valid visit visas. It covers groups such as tourists, family visitors, investors, and business people.
The release added that SAMA clarified that this update forms part of its periodic regulatory review to keep pace with industry developments. The changes aim to facilitate procedures for opening and operating bank accounts, thereby promoting financial inclusion and supporting digital transformation initiatives in banking services today.
Furthermore, the move is a strategic step under Saudi Arabia’s Vision 2030, aimed squarely at boosting the tourism sector and creating a seamless, digitally-enabled experience for the millions of tourists, business travelers, and pilgrims who visit the Kingdom annually.
“This decision will enable banks to open accounts for new consumer segments and enhance the visitor experience during their stay in the Kingdom,” SAMA said.
The update is part of the central bank’s continued efforts to review and modernize account regulations, aiming to align with evolving regulatory standards, simplify banking procedures, and support the Kingdom’s goals for financial inclusion and digital transformation.
