Riyad Collect
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
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
