Business 2 Business
Business 2 Business
Business-to-Business is a secure solution designed for companies that require direct integration between their accounting or ERP systems and Al Rajhi Bank’s backend infrastructure. It enables seamless access to account information and straight through processing of high volume transactions, all in compliance with the highest international security standards Ideal for organizations seeking enhanced efficiency, automation, and secure real time financial operations.
Key Characteristics and Benefits:
- Enhanced Cash Flow Forecasting.
- Faster Payment Processing.
- Automated Reconciliation.
- Automated Reporting and Analysis.
- 24/7 System Availability.
- Bulk Transfers.
- Company Account Statements.
- Utility and Government Payments.
- Payroll File and Cards Distribution.
- Direct Integration with Virtual Accounts Service.
- Standardized, Quick Integration.
- Straight through processing with instant status updates.
- Straight through processing with Instant acknowledgement and status update.
- Secure access via advanced firewalls & antivirus mechanisms.
- Handles high volume data exchange without lag.
| Per Transaction Scheme | Fee |
|---|---|
| One-time Subscription Fee for Integration | SAR 50,000 |
| Annual Fees | SAR 10,000 |
