Open a business account and access a range of tailored offers designed to support small and medium enterprises (SMEs) in the education sector.
The offers are valid from 27 January to 8 February
Digital channels offers:
- Local bank transfers (same-day / future-dated): SAR 5.75
- International / foreign transfers: SAR 46
- International transfers charged to the sender: SAR 132.25
Payroll service offer:
- Local payroll transfers: SAR 3.75 per transfer
Variable fees for Point of Sale (POS):
- Mada Cards: 0.60%
- Local Credit Cards: 2.15%
- International Credit Cards: 2.5%
Variable fees for online payment gateway:
- Mada Cards: 0.90%
- Local Credit Cards: 2.25% + SAR 0.575 per transaction
- International Credit Cards: 2.5% + SAR 0,575 per transaction
Virtual Accounts:
- No setup fees
- Monthly virtual account agreement fee: SAR 143.25
JeelPay Exclusive Discounted Rates:
- Up to 9% for educational enterprises
- Subject to JeelPay terms and conditions
Requirements to get the services:
- Open a business account
- Contact your Relationship Manager to sign the relevant service agreement
Terms and conditions:
- Open a business account
- Terms and conditions apply as per the service provided
For more details, please contact the SME Contact Center:
All prices are inclusive of VAT.