🇳🇱→🇸🇦
Send Money from Netherlands to Saudi Arabia
Dutch trading companies and logistics paying Saudi Arabia suppliers. Send EUR from Netherlands, receive SAR in Saudi Arabia with t+0 (2.3s avg within unicorn network).
✓ Competitive Advantage: Local EUR collection + local SAR delivery = no correspondent bank fees
Save £1,827 per £100k Payment
Netherlands to Saudi Arabia corridor savings
Traditional Bank
£2,332
- ❌ 2-3 day settlement
- ❌ Multiple correspondent banks
- ❌ Hidden FX margins
- ❌ High SWIFT fees
Unicorn Currencies
£505
- ✓ T+0 (2.3s avg within Unicorn network)
- ✓ Local EUR collection
- ✓ Transparent 0.5% spread
- ✓ SADAD
Your Savings
78%
£1,827 per £100k
At £300k-£3M monthly, save £4,572/year
Sending from Netherlands: What You Need to Know
EUR Origin Specifics
- Netherlands uses EUR currency
- SEPA instant payment network
- GDPR compliance required
Your Local Advantages
- Local EUR account available
- SEPA (Single Euro Payments Area) instant collection
- No correspondent bank fees on origin side
Local Collection Method
SEPA (Single Euro Payments Area)
T+1 • European instant/standard payments. Covers 36 countries.
Paying Suppliers in Saudi Arabia: Compliance & Requirements
Regulatory Considerations
- Saudi Arabian Monetary Authority (SAMA) regulations
- Saudi Customs documentation
- VAT (15%) on goods and services
- Saudization (Nitaqat) employment requirements
Payment Best Practices
- Saudi Arabia = Oil & gas leader, petrochemical hub
- SADAD widely used for B2B invoicing
- Riyadh + Jeddah + Dammam = Main business centers
- Vision 2030 - economic diversification ongoing
Destination Settlement
T+0 (2.3s avg within Unicorn network)
via SADAD
Netherlands → Saudi Arabia Corridor Insights
Popular Industries
- Petrochemicals
- Oil & Gas
- Construction
Peak Trading Hours
CET (GMT+1) to GMT time zone consideration
Best for rate execution and faster settlement
Typical Volume
£50k-£250k
Average transaction size for this corridor
Monthly volume: £300k-£3M
Compliance Notice: Subject to sanctions and compliance screening. Certain industries and countries not supported.
Ready to Send EUR from Netherlands to Saudi Arabia?
Save 78% on every payment with t+0 (2.3s avg within unicorn network). Local EUR collection available.
Bank of Canada registered PSP | FINTRAC licensed MSB