Six months of Riyad Bank statements is the Sakani standard. The underwriter wants to see a seasoned down payment and a stable salary trend — both pulled cleanly from the PDF.
Convert your Riyad Bank statementRiyad Bank is one of the licensed lenders inside the Sakani programme and works alongside the Real Estate Development Fund (REDF). Mortgage underwriters require six months of SAR account statements. The down-payment balance must be seasoned — present in the account for at least 60 days, with no large unexplained credit in the preceding window. The six-month average closing-balance trend is the primary evidence of stability.
Riyad Bank's bilingual PDF format makes underwriting faster: the summary page lists six-month average balance and any returned cheques. Converting to CSV lets you trace the down-payment back to its origin before the underwriter does.
If a large credit landed in your account 40 days before the application, the underwriter will ask where it came from. A family gift needs a documented gift letter. An asset sale needs the sale agreement. A Sarie transfer from your own second account needs a matching debit on the other side. The CSV row gives you the exact date and amount to attach to each supporting document.
Six months of statements merged into a single timeline shows whether the balance grew organically or jumped on a single transfer. Riyad Bank's running-balance column makes the trajectory visible at a glance.
Each row in the export ties to a date and a balance. That is what mortgage underwriting needs.
Riyad Bank statements are professionally formatted bilingual PDFs. The layout is: Transaction Date (DD/MM/YYYY), Description in both Arabic and English, Cheque/Reference number, Debit, Credit, and a right-aligned Running Balance column. Statements may include a summary page with opening and closing balances, and average monthly balance calculations.
| Label | Meaning |
|---|---|
| POS-MADA- | Mada debit card purchase at point of sale |
| حوالة سريعة | Sarie real-time domestic transfer |
| راتب | Salary deposit via WPS |
| قسط تمويل | Financing installment debit (conventional or Islamic window) |
| RTGS | High-value real-time gross settlement transfer |
Sakani (Saudi Real Estate Refinance Company) mortgages require 3 months of SAMA-bank statements showing WPS salary credits; foreign income requires SWIFT-verified equivalents.
Download six months from Riyad Mobile
Pull six consecutive monthly statements as PDFs, or one combined six-month export. Save them locally; Riyad Bank limits in-app history to a rolling window.
Merge in Kashfbank
Upload all six PDFs in a single Kashfbank session. The CSV merges them chronologically for a continuous balance trail.
Verify down-payment seasoning
Scroll the merged CSV. Find the row where your down-payment funds entered the account. Confirm the date is at least 60 days before today. Attach the supporting document for that exact row.
Submit the bank PDFs to Riyad Bank
Mortgage underwriting requires the bank-issued PDFs. The CSV is your preparation tool — submit the original Riyad Bank PDFs along with the source-of-funds documentation.
Common challenges
How does Riyad Bank verify the 60-day down-payment seasoning rule?
The underwriter scans the six-month statement for any large credit in the 60 days before the application. Each is flagged for source documentation. The CSV export lets you preempt the question by identifying every credit over SAR 25,000 along with its source row.
Can Kashfbank merge six Riyad Bank PDFs into one mortgage-ready file?
Yes. Upload six monthly PDFs in one session and the CSV merges chronologically. Each row carries the source filename in a Source column, so you can trace any transaction back to its origin statement.
My down-payment came from a family gift. How do I document it on the Riyad Bank statement?
Identify the exact row in the CSV — date, amount, sender reference. Attach a gift letter from the donor declaring the funds are non-repayable. Some Sakani lenders also require a copy of the donor's bank statement showing the matching outbound transfer.
Does Riyad Bank's summary page replace the need for full statement conversion?
No. The summary page averages help, but underwriters review every transaction line in the body of the statement. The CSV gives you that line-by-line view so you can anticipate every question before the underwriter raises it.
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Regulator: Saudi Central Bank (SAMA)
Fiscal year: Hijri fiscal year (government); Gregorian Jan–Dec (most private sector)
Full country guide →Statement language: Arabic / English