Barq is a pioneering neobank based in Saudi Arabia that offers innovative financial solutions tailored to meet modern banking needs. Founded with a vision to enhance financial accessibility and efficiency, Barq leverages cutting-edge technology to provide seamless, user-friendly banking experiences.
At Barq, the focus is on delivering personalized services through a digital-first approach. Customers benefit from a range of offerings, including mobile banking, instant money transfers, real-time spending insights, and robust security features to safeguard their financial activities.
Barq is committed to fostering financial inclusion and offers a platform that is both reliable and adaptable. By sidestepping traditional banking infrastructures, Barq minimizes overhead costs and offers competitive rates and fees, making high-quality financial services accessible to a broader audience.
With its customer-centric model, Barq continually evolves its services to incorporate customer feedback and the latest technological advancements, maintaining its position as a leader in the digital banking sector in Saudi Arabia.
Barq is currently available for residents of the following countries:
Saudi Arabia
24/7 availability- anytime, anywhere
No matter where you are, at home or abroad, you can access your Barq account via the app, check your account balance, control your savings, get customer support, make payments and even freeze your debit card if needed. In addition, get real-time notifications every time you make a transaction, so there won’t be any surprises at the end of the month. No need to make appointments, stand in line and lose working hours to manage your finances.
Get approved fast
Opening an account with Barq is simple, with no lengthy paperwork. Just download the app, prove your identity, top up your account and you’re ready to go. Barq doesn’t require a copy of your credit history to approve your account, meaning you can open an account and get approved in minutes.
Lower fees
Another main reason to use Barq is the low (or no!) fees. Barq has no physical branches, therefore they can offer lower fees than traditional banks – especially when it comes to ATM withdrawals, money exchange/transfer and payments abroad. For example, Barq offers zero fees on all transactions, including purchases made overseas!
Makes traveling easier
Barq = borderless banking. Low/no exchange rates and low/no ATM withdrawal fees worldwide make traveling a whole lot easier (and cheaper) than with traditional banks- especially in the eurozone. And for added safety, freeze or unfreeze your debit card while you travel, directly in the app.
Go paperless
One of the frustrating things about traditional banks is the amount of documents, contracts and letters that are sent to your mailbox. With Barq everything you need is in the app and all communications are sent to your app or your email. Gone are the days of rummaging through piles of paper around your house – and protecting the environment is the cherry on top.