Direct Debit Solution

Direct Debit Solution

Managing fund collections easily and within a safe electronic payment system.
Riyad Bank Direct Debit Solution allows you to collect payments directly from your client account whether at Riyad Bank or at other local banks using the Saudi payment service (SARIE).

  • Makes cash flow more predictable and manageable
  • Allows you to receive detailed results of each transaction
  • Supports the financial performance

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Please complete the form below and we’ll call you as soon as possible:

Existing or New Riyad Bank Client *
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Company Name required
Company Identification required
Company Identification number required Invalid identification number
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Title is required
Requester Name required
Mobile number required Invalid mobile number e.g.: 966569876765
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Please complete the form below and we’ll call you as soon as possible:

Existing or New Riyad Bank Client *
Required existing or new client
Company Name required
Company Identification required
Company Identification number required Invalid identification number
Turn over required
Company City required
Title is required
Requester Name required
Mobile number required Invalid mobile number e.g.: 966569876765
Verification required Invalid verification code
 
Cancel
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Our team will be glad to serve you from 9am till 4:30pm, Sunday through Thursday.

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Overview

Direct Debit Solution is specially designed for installment companies. It eliminates the hassle of having to pursue customers for payments.

  • Payments can be collected as per instructions either on a regular basis or at different dates
  • Payments can be collected from Riyad Bank and other local bank accounts using (SARIE) the Saudi payment service
  • Provides high level security and control of payments
  • Reduces cost of traditional financial services
  • Eliminates credit risk