Business to Business
overview
More information
Business To Business (B2B) from Riyad Bank eliminates the need to use traditional banking methods by directly integrating the system with the bank via safe communication channels.
The B2B e-payment system consists of multi-layered security architecture with firewalls, filtering routers, encryption and digital certification to ensure that account information and payment instructions are protected from unauthorized access.
- Possibility of automating payments
- Direct integration between the company’s & Bank’s system
- Eliminates using traditional channels for financial transactions
- Save the time required for filling Bank forms and filing cheques
- Continuous solution enhancements that adheres to the market needs
- Allows the use of a corporate infrastructure
- Simplifies the reconciliation process
How to Apply
How to Apply
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
Rates & Fees
Rates & Fees
One-time set-up fee and a monthly maintenance fees are charged in addition to a transactional fee which is added on.
Your answers
Frequently asked questions
1
Can the B2B system connect to the client’s account system directly?
2
Can we pay utility bills with B2B solution?
3
How many payments can we execute using the B2B bulk payment processing?
4
What are the major differences between RiyadOnline and this B2B solution?
5
What is the daily limit for money transfers using the B2B solution?
Apply Online - Business to Business
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Need help?
Riyad Line:
800 124 2225