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Hi everyone.Asking for anyone advice.I am transferring my sponsorship to my Husband and I have standing loan at SABB.will the bank deduct the remaining 2 years loan from my ESB .Only  small amount will remain in my ESB if they do.I want to get my complete ESB to invest it an just want to pay the bank on monthly installment.Can I do it.I mean Do I have the right to tell the bank that I will pay them on monthly basis as agreed.

Hi @jedrey, from what I gathered - there's no other way to know the answers aside from talking to the bank about your situation and proposal.

What I know is that once I resign, my ESB will be calculated and all outstanding amount like bank loans, salary advance, indemnity etc will be settled using the ESB first. That is stated in my company's HR documents.

@Jedrey, as per process, they will deduct it from ESB.  Because when you got a loan, your company gave them an undertaking to transfer ESB to your bank account and mark it as such in the transfer.  They will do it automatically and you have no "right", as you call it, to change anything.

However, you can discuss / make a request with your bank and they may allow it based on your relationship or history with them.

@XTang, the company will have first dibs on any settlement before remaining ESB is transferred to the bank account, right?

If the remaining ESB is not enough to cover the loan balance, does the bank has the right to prevent issuance of Final Exit visa?

Yes they have the first charge on the ESB as it's transferred into the bank account. 

They have no say in the final exit visa which is issued by the employer.  Their system is not linked with MOI.

However, if you don't pay the loan and they register a case with the police (and you are still in Saudi), it is updated in MOI system and then you won't be able to leave.  But this takes time i.e. for the loan to be due for a while, them trying to reach you and not being able to etc.

If you leave without paying, they can register a case and this will cause problems for you in the future within GCC.

Thanks for the explanation @XTang