Riyad Bank provides solutions for companies to facilitate the collection of school fees for customers through digital channels that deposit fees in the customer's Riyad Collect account.

• Customer notification upon completion of operations
• Eliminates the need to use traditional channels in financial transactions
• Saves time and avoids discrepancies or underpayment/overpayment collections

• Simplifies the reconciliation process

Riyad Collect integrates with the corporate customer system to provide quick processing for collecting and accessing bank account information

• Automate collections using virtual account numbers

• Facilitation of collection processes

Obtaining the balance sheet by coordinating the MT940

Please contact your relationship manager to apply and for more details