Transfer Money between accounts in a systematic and secure way.
Scheduled Transfer from Riyad Bank gives you several advantages to transfer money between accounts autonomously.
Save time and never forget to make a transfer
Set transactions for future payments
Conveniently set up orders for obligations
Helps to manage and control your expenses
Scheduled Transfer is an electronic service and is available through Riyad Online and Riyad Bank branches. The service enables you to transfer fixed amounts of money between accounts at Riyad Bank or other bank accounts within selected dates.
Advantages of using Scheduled Transfer:
Automate repayment obligations on specified dates
Payments are made faster than checks
Make multiple transfers at the same time
Keeps you from having to make a direct cash payment
You can potentially make regular fixed payments to your savings account
Terms and Conditions:
Customers must have an active current or saving account at Riyad Bank
When making payments to foreign accounts or vice versa through Scheduled Transfer currency exchange rates must be taken into account