http://travel-to-saudi-arabia.blogspot.com/2011/10/money-exchange-for-saudi-arabia.html
Money Exchange for Saudi Arabia -Services - Money
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Currency information:
Saudi Arabian Riyal (SAR) = 100 halala; 5 halala = 20 qurush. Notes are in denominations of SAR500, 100, 50, 10, 5 and 1. Coins are in denominations of 50, 25, 10, and 5 halala.
Credit cards:
MasterCard and Visa are widely accepted. Major hotels, restaurants, and shops occasionally accept American Express and Discover.
ATM:
ATMs are widely available and reliable.
Travellers cheques:
Widely accepted although they can be hard to change. To avoid additional exchange rate charges, travellers are advised to take traveller's cheques in Saudi Riyal, Euros, US Dollars or Pounds Sterling and to carry the purchase receipt.
Banking hours:
Most banks are open from Sat-Wed 0800-1200 and 1700-2000; Thurs 0800-1200. Money-changers often operate longer hours.
Currency restriction:
There are no restrictions on the import or export of local or foreign currency, but amounts exceeding SAR60,000 must be declared.
Currency exchange:
Most foreign currencies can be exchanged at commercial banks and money-changers, which stay open longer.
