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Riyad Bank’s MA-CUG ( Member Administered Close Used Group) E-Banking Solution integrates with Clients Enterprise Resource Planning system through SWIFT connectivity to provide rapid, end-to-end processing of payments.
MA-CUG implement’s a secure, reliable & scalable solution to increase the Straight-through-Processing (STP) using SWIFT messaging standards for all E-Banking Business Applications. The company & the participating Banks as a prerequisite are required to be the part of Swift Member Administered – Closed User Groups (MA-CUG). These memberships allow Corporate Client’s to transmit various Payments message types via SWIFTNet FIN and SWIFTNet FileAct.
MA-CUG implement’s a secure, reliable & scalable solution to increase the Straight-through-Processing (STP) using SWIFT messaging standards for all E-Banking Business Applications. The company & the participating Banks as a prerequisite are required to be the part of Swift Member Administered – Closed User Groups (MA-CUG). These memberships allow Corporate Client’s to transmit various Payments message types via SWIFTNet FIN and SWIFTNet FileAct.
EXPLORE
Benefits:
Online processing of financial transactions based on Customer instructions.
Real time access to account information and allows to execute a huge volume of transactions with large amounts.
Detailed daily/ intraday reporting on accounts available as per Customer needs.
Please fill & sign the below editable PDF agreement in the box, and kindly reach the nearest location as shown below.
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