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Saudi Arabia Closes GOSI Bank Account for GCC Contributions – New Virtual Account & Credit Card Payment Methods Now Available 2026

Jul 24
2 min read

Updated: Jul 24

Saudi Arabia closes GOSI bank account for GCC contributions with new virtual account and credit card payment methods.
Saudi Arabia closes GOSI bank account for GCC contributions with new virtual account and credit card payment methods.

Saudi Arabia closes GOSI bank account for GCC social security contributions. New virtual account and credit card payment methods now available for employers.

Employers can now make outstanding and future payments using either virtual account details or an online credit card payment through the GOSI portal.

Quick Facts: GOSI Payment Changes 2026

Feature

Details

Effective Date

July 24, 2026

Old Payment Method

Bank account (permanently closed)

New Payment Methods

Virtual account details OR online credit card payment

Who Is Affected

Employers making social security contributions for GCC nationals

Communication

GOSI emailed all registered employers with entity-specific virtual bank account numbers

What Has Changed

Old Bank Account Permanently Closed

The previous bank account used for social security contributions for GCC nationals has been permanently closed. Employers can no longer use this method for any payments.

New Payment Options

Employers can now make contributions using one of two methods:

Payment Method

Details

Virtual Account Details

Entity-specific virtual bank account numbers

Online Credit Card Payment

Direct payment through the GOSI online portal

How Employers Can Access Their Virtual Account

GOSI has emailed all registered employers their entity-specific virtual bank account numbers.

If You Have Not Received the Communication

Employers that have not received the email can retrieve their designated virtual account number by:

  1. Logging into their GOSI online account

  2. Navigating to the payment section

  3. Viewing their assigned virtual account details

What Employers Must Do Now

Action

Details

Check email

Verify if you received the GOSI communication with virtual account details

Log in to GOSI account

Retrieve virtual account number if not received

Update payment procedures

Cease using the old bank account immediately

Make payments promptly

Use new payment methods for outstanding and future contributions

Monitor for updates

Keep updated on any additional changes

🔗 Official GOSI Portal

The primary portal for accessing GOSI services is the National Platform (National Portal) of Saudi Arabia, which hosts the GOSI online services .

You can also access GOSI directly through its official mobile application:

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