hi , i am coming over to Ras tanura in Feb to work in the training school . will be paid in dollars, wondered about the banking arrangements . have looked and there is a SAAB bank in RT Which is part of the HSBC Group . was thinking of opening an HSBC account in England and opening an account at the SAAB bank in RT . Is a ordinary current HSBC account ok to use to transer wages back home ? is there any charges ? exchange rate charges etc? Is this the best way about going about things ? any tips would be most welcome
OK, i ve found out that the wages will be paid in a Saudi bank and i pay a small fee to transfer back home . The exchange rate is the international rate not the tourist holiday one which is better. Done a bit of research and theres a SAAB bank in RT which is part of the HSBC group , so am thinking about opening a HSBC bank account in England and transfers should be free . If i m incorrect or if there s a better way , please feel free to comment .