Saudi Riyals definition
Examples of Saudi Riyals in a sentence
The Account will be billed either in Saudi Riyals or US Dollars as indicated on the monthly Statement.
The Merchant agrees that all the MADA- POS Receipts printed pursuant to the provisions of this Agreement shall be denominated in Saudi Riyals (SAR).
Where payment is received in any currency other than Saudi Riyals, such payment shall be credited to the Card Account only after the relevant funds have been received for value by Us, converted to Saudi Riyals and posted into the Card Account.
All Transactions (including Cash Withdrawals) that are performed in a currency other than Saudi Riyals will be converted into Saudi Riyals (the Account’s billing currency) using prevailing interbank rates selected from usual industry sources on the business day prior to the date of processing the Transaction.
However, any payment made in another currency, if accepted by Us, is converted into Saudi Riyals.
Your Account will be billed either in Saudi Riyals or US Dollars as indicated on Your monthly Statement.
The Merchant agrees that all the mada - POS Receipts printed pursuant to the provisions of this Agreement shall be denominated in Saudi Riyals (SAR).
The funds transfer service is limited to an equivalent of Saudi Riyals as set by the Bank where cross -foreign currency transactions are involved.
In case foreign currency cash is not available at the time of withdrawal, the Bank may issue a Foreign Currency Draft in lieu of cash, or payments can be made in Saudi Riyals and normal fees and expenses involved in such transactions will be borne by the Customer.
Deposit into Accounts denominated in currencies other than Saudi Riyals shall be withdrawn in Saudi Riyals at the Bank's buying rate for the respective currencies applicable at the time of withdrawal.