B2B is a solution for companies which need to establishes a direct connection over the internet from their accounting systems/ERPs to ARB’s backend system for accessing information as well as processing transactions with the highest international security standards.
This solution is designed for companies that requires direct integration/access to their accounts for straight-through processing of high volume of payments and value efficiency & security.
Key Characteristics and Benefits
- Improved cash flow forecasting.
- Payments Acceleration.
- Automated reconciliation process.
- Automated Reporting and Analysis.
- 24/7 System Availability.
- Between the company’s internal accounts within Al Rajhi Bank.
- Transfer to beneficiaries within Al Rajhi Bank accounts, local banks & international banks.
- Bulk transfers.
- Statements of Company Accounts.
- Make utility payments and Government payments.
- Execute Payroll files and Payroll cards distribution.
- Direct integration with virtual accounts service.
- Quick Integration as standard specifications only used.
- Straight through processing with Instant acknowledgement and status update.
- Highly secure access with state-of-the-art Firewalls and Anti-Virus mechanisms.
- Ability to handle large volume of data exchange without any Lags.
- System online 24/7.