The Saudi National Bank (SNB) and Japanese credit card company JCB International has inked an agreement to enable the acceptance of the JCB Card at 306,351 POS and 3,088 ATMs across the Kingdom of Saudi Arabia.
The partnership will allow JCB cardholders visiting Saudi, whose numbers are increasing in the global markets, to carry out financial operations more conveniently.
SNB accepts a wide range of international payment and credit cards, in addition to the JCB Cards, which is Japan’s only international payment brand with more than 150.5 million cards issued around the world.
Ahmed Bassam Abu Khamsin, Head of Global Transaction Banking at the Saudi National Bank said,
“As a leading Saudi Bank, we always aspire to build strategic partnerships with significant international organizations to cope up with technology, support the Saudi Vision 2030 agenda, and meet our customers’ needs. The Saudi National Bank is a primary banking service provider and such partnership will help JCB penetrate the Saudi market.”
Yoshiki Kaneko, President and COO of JCB International said,
“Saudi Arabia is one of the most important travel destinations for our cardholders. Given the evolving strategy of the the Saudi Vision 2030, and in line with the growing relationship between the two countries, we are pleased to sign this partnership with the Saudi National Bank, one of the largest banks in the region, to allow the acceptance of JCB Cards inside the Kingdom. This partnership will serve business and tourism requirements of our cardholders.”