Cash Deposit 24 Cards

Cash Deposit 24 Cards

The best way to manage your cash deposit around the clock.

Terms and Conditions

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Terms and Conditions

Apply now

Cash Deposit 24 Cards

The best way to manage your cash deposit around the clock.

Designed specifically for business sector with the ideas of enabling them to deposit cash all the time using any ATM of AlRajhi Bank all over the Kingdom of Saudi Arabia.

Features

Key Characteristics and Benefits:

Seamless integration between Corporate financial system and alrajhi payment system through a highly secured, reliable and scalable platform/network SWIFT standard connection.

Designed to Immediate deposit cash 24/7.

Deposit through the largest network of ATMs in the Kingdom.

Multiple deposit cards for the same account.

A dedicated card for each depositor (company representative).

Immediate reconciliation for deposit transactions through detailed reports.

Reducing risk of long-term cash holding for clients.

Flexible daily deposit limits (by sector classification).

No need to wait in the branch to deposit cash.

To utilize the extensive geographic branch network by enabling cash depositing to the customers via Cash 24 cards.

Fees and Charges

Cash Deposit24: Issuance Fees

Schedule of Charges*	Fee
- Issuance fees	SR 100
- Re-Issuance fees	SR 50
- Re-Issuance fees	FREE (Current default fee is Zero)

Frequently Asked Questions:

What is the Daliy deposit limit?

Daily deposit limit by sector

- Large and medium corporate have no limit.

-Micro & Small Businesses (MSB), the daily limit is 500,000 Saudi riyals.

Is it possible to link more than one current account to the deposit card?

No, the cash deposit card can only be linked to one account.

If multiple cards are requested, is it possible to link some to one account and the others to a different account?

Yes, the customer can issue more than one card (for the same account). If the company has multiple accounts, the bank can, upon the customer’s request, issue one or more deposit cards for each account.

Does cash deposit require waiting in branches?

No, deposits can be made directly via ATM without having to wait.

Is it possible to withdraw cash or pay bills using a deposit card?

No, it is not possible.