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Keyboard Kommando
Joined: 03 Dec 2012 Posts: 38 Location: Saudi Arabia
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Posted: Wed Jun 05, 2013 1:24 pm Post subject: Purchasing Travellers Checks in Saudi? |
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Before anyone says it. Yes, I did the search! Nothing.
Can anyone tell me if you can get Travellers Checks in Saudi? Specifically in Riyadh? What do you have to do to buy them, have an iquama or anything? Thanks. |
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nomad soul

Joined: 31 Jan 2010 Posts: 11454 Location: The real world
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Posted: Wed Jun 05, 2013 1:47 pm Post subject: Re: Purchasing Travellers Checks in Saudi? |
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Try the Saudi Travellers Cheque Company (http://www.saudicheque.com/).
I've never used them. (Seriously, who doesn't travellers' checks anymore?) But perhaps another poster has. |
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Wilsonthefarmer

Joined: 13 Nov 2012 Posts: 152 Location: Riding my black horse
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Posted: Wed Jun 05, 2013 1:54 pm Post subject: Re: Purchasing Travellers Checks in Saudi? |
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Keyboard Kommando wrote: |
Before anyone says it. Yes, I did the search! Nothing.
Can anyone tell me if you can get Travellers Checks in Saudi? Specifically in Riyadh? What do you have to do to buy them, have an iquama or anything? Thanks. |
Yes, you can.
If you have a Visa or MasterCard with your Saudi bank, then you can use it to withdraw money from Cash machines abroad. I used my Riyadh bank visa card to withdraw money in UK with no problem, and it is much better than using travel cheques.
If you do not have a bank account, then it is a different story. |
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veiledsentiments

Joined: 20 Feb 2003 Posts: 17644 Location: USA
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Posted: Wed Jun 05, 2013 2:04 pm Post subject: |
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I didn't know anyone ever used the things anymore. I haven't used them since the mid-90s. The ubiquitous ATM machines has pretty much killed that business.
Even the last time I used them, it was very hard to find a place that would cash them without a great deal of hassle and wait time...
VS |
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scot47

Joined: 10 Jan 2003 Posts: 15343
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Posted: Wed Jun 05, 2013 5:01 pm Post subject: |
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They are bad news now. Difficult and expensive to encash. My advice - get cash in an easily-conertible currency (US doillars or EUs). Back up with ATM card.
I used Al Amoudi for cash. Al-Rajhi has reportedl;y moved out of the foreign currency business. Banks are not interested. |
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PeterParvo
Joined: 18 Dec 2011 Posts: 103
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Posted: Thu Jun 06, 2013 4:32 am Post subject: |
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Yes, travel with large amounts of cash. |
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Sheik Yerbuti
Joined: 02 Dec 2012 Posts: 105 Location: the promised land
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Posted: Thu Jun 06, 2013 5:14 am Post subject: |
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Travelers Checks have their uses. Very good as an alternative to
carrying near- limit amounts across borders and through airports.
A couple of the Saudi banks sell TC's denominated in riyals, which
is a very convertible currency in many of the enjoyable destinations
in the world, and won't depreciate. |
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