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Banking Fees and Charges
| Services | Description | Fees |
|---|---|---|
| CURRENT ACCOUNT | Account Opening | Free |
| Account Management | Free | |
| Standing Orders | Standing Orders Fees | SAR 10 |
| Money Transfer | Within-NEO | Free |
| Within-SNB | Free | |
| Local Transfer – Same Day (NEO Mobile) | SAR 7 | |
| Local Transfer – Next Day (NEO Mobile) | SAR 5 | |
| International Transfer | SAR | |
| STATEMENTS | Less than two Years | Free |
| More than two years | SAR 50 | |
| NEO MULTICURRENCY MADA Card | Primary Card Issuance & Renewal | Free |
| Card Issuance for Lost/ Stolen Card/ PIN Blocked Card Replacement | SAR 30 | |
| E- Commerce Purchase through mada network | Free | |
| International Cash Withdrawal | SAR 25 | |
| International POS Purchase/ E- Commerce | Free | |
| Cash Withdrawal within GCC Countries | SAR 10 | |
| Balance Inquiry on International ATMs | SAR 5 | |
| Foreign Exchange Conversion Rate Added on all International Transactions if different currency | 3% | |
| DIGITAL BANKING | NEO Mobile | Free |
| BILL PAYMENTS | SADAD Bill & MOI Payments | Free |
| SMS Notification | Account or Card Transactions | Free |
| Buy/Sell Foreign Currency | FX Board Rate |
- In the event that the transaction is proven to be wrongly charged, the bank shall waive the fees
- Annual Percentage Rate (APR) may change on regular basis. Please ask for the current rate
- These fees are subject to change as per Traffic Department instruction, for Auto lease product
- The above fees are not iclusive of VAT amount and are subject to VAT as deemed as required by the relevant authorities.
To view the latest version of fees and charges, please visit NEO.sa
The above banking fees and charges are for retail banking customers only
The above banking fees and charges are for retail banking customers only