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Visa Purchasing Card

Customizing spending limits to your business needs and expenditures.
Riyad Bank Visa Purchasing Card has been introduced to offer businesses better control over procurement by adjusting spending limits based on your requirements.

  • Additional cards
  • Control over spending for each card
  • Streamlines your procurement process
  • Reduces administrative costs
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More Information

Overview

We understand that each business has its own needs; therefore we offer customized spending limits to help with purchasing and reconciliation and to have a more efficient procurement process.

The Riyad Bank Visa Purchasing Card is a payment card that can also be assigned to separate personnel and departments with variable controls, such as limits per month and per transaction, number of transactions per day and per month and types of suppliers or services.

  • Possibility of issuing more than one card
  • Applying spending controls based on each employee's purchasing authority
  • Multiple expense categories through a single card
  • Can be issued for the company executives to cover their official expenditures
  • Can be issued according to the company guidelines in purchasing goods
  • Can be used to withdraw money from ATM machines
  • Keeps purchasing process in control
  • Improving the procurement process through time saving
  • Improving the managerial control by providing transaction spending reports
  • Improving relationship with suppliers through faster payment without negatively impacting your cash flow

How to Apply

To apply, please email our sales team on TSS-CMSales@riyadbank.com or call us directly:

  • Eastern region: 013-833-5733 Ext. 4505
  • Western region: 012-260-9092
  • Central region: 011-486-5978

Rates & Fees

One-time setup charge in addition to a yearly fee per card.

Frequently Asked Questions

Can the customer select the type of categories for purchases?
Can the card get printed with the company name?
Does the card get sent to the employee’s personal address or to the company’s address?

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Apply Online - Visa Purchasing Card

Customizing spending limits to your business needs and expenditures.
Riyad Bank Visa Purchasing Card has been introduced to offer businesses better control over procurement by adjusting spending limits based on your requirements.

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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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