Business 2 Business (B2B)

Overview

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.

Features

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.