Sweeping from Riyad Bank defines the financial position of your accounts.

• Keeps surplus fund in the desired account for proper cash management
• Make informed decisions towards your liquidity
• Efficient and reliable payment processing
• Provides a high level of control and security

Minimum balance:

Purpose:

• Maintain a target balance in the secondary account to cover expenses.

Maximum balance:

Purpose:

• The secondary account will be treated as a collection account  
• Maximum balance can be set for primary and secondary accounts

Two-way sweep:

This option allows you to set minimum and maximum balance levels or maintain a fixed target balance in the secondary account.

Purpose:

• Maximum and minimum balance can be set for secondary account
• Automatic fund transfer from primary accounts to accounts with balances below set minimum
• Automatic fund transfer to primary accounts from accounts with balances above set maximum
• Maintain a target balance in the account to cover expenses

Distribution:

• Fixed amount
• Percentage

Purpose:

• The distribution of funds is according to customer’s needs
• Maintain a minimum balance in the primary account and control the distribution of excess funds to beneficiary accounts

To apply, please email our sales team on Tss-cmsales@riyadbank.com or call us directly:

• Eastern region: +966-13-833-5733 Ext. 4505
• Western region: +966-12-260-9092
• Central region: +966-11-486-5978