This pioneering operation ushers in a new era of international trade in new currencies in the Saudi market. This pioneering operation ushers in a new era of trading in new currencies in the Saudi market, as the Yuan has entered the world of international trade after the Central Bank of China liberalized the Chinese currency (Yuan), knowing that China is one of the largest trading partners with Saudi Arabia with a rapid growth rate.

Al Rajhi Bank will be able to provide the first Shari'ah-compliant letter of credit in the Chinese currency (Yuan) in Saudi Arabia.

The bank will be able to provide multiple options for its customers from importers and exporters to deal with their customers in China through the Yuan currency, as this feature will serve the bank's customers by accelerating bank transfers in Chinese currency to suppliers in China and serve the bank's customers by obtaining competitive exchange rates.

<Al Rajhi Bank offers the Chinese currency (Yuan) in all international trade products such as letters of credit, documentary collections and foreign guarantees. This new service comes within the framework of Al Rajhi Bank's continuous and permanent keenness to develop its banking services for its customers by using and activating the latest technology and meeting their aspirations in line with their modern needs that are constantly evolving and growing at a rapid pace, and also contributes to the advancement of the corporate banking sector in the Kingdom.

This new service comes within the framework of its continuous and permanent keenness to develop its banking services for its customers by using and activating the latest means of technology.