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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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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

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

Riyad bank offers very competitive prices to valued corporate customers and fees may vary in accordance to your requirements.

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Apply Online - 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).

Please complete the form below

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Thank you for applying. Your Reference Number is

A representative from Riyad Bank will contact you to complete your request.
Keeping in mind that a current account is required to obtain any product or service from Riyad bank, if you do not have one yet, you can open an account from here

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