Riyad Collect
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
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Simplifies the reconciliation process
More Information
Riyad Collect integrates with the corporate customer system to provide quick processing for collecting and accessing bank account information
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Automate collections using virtual account numbers
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Facilitation of collection processes
Obtaining the balance sheet by coordinating the MT940
Please contact your relationship manager to apply and for more details