Coporte Liquidity Management-en

Enhance your liquidity by gaining visibility into your cash positions.

The Annual Percentage Rate (APR):

It is the discount rate at which the present value of all payments and installments that are due from the Borrower, representing the Total Amount Payable by the Borrower, equals the present value of all payments of the Amount of Financing available to the Borrower on the date on which the Financing amount or the first payment thereof is available to the Borrower.

Illustration 1: “Private Vehicles”

Asset Type Loan/Finance Amount Maturity in Years APR Down Payment Monthly Repayment Amount
Car 200,000 3 Years 18.41% 20% 5,649

Illustration 2: “Commercial Vehicles”

Asset Type Loan/Finance Amount Maturity in Years APR Down Payment Monthly Repayment Amount
Car 200,000 3 Years 20.27% 20% 5,775

Illustration 3: “Rent A Car Businesses”

Asset Type Loan/Finance Amount Maturity in Years APR Down Payment Monthly Repayment Amount
Car 200,000 3 Years 23.08% 20% 5,964

*APR may differ depending on the amount and the maturity period different from above and subject to credit scoring of each customer.

Finance Amount:

The contract stipulates the amount of financing you will receive in addition to the period of repayment of the installments, stating their value and the maturity date of these installments. The data also include the cost of obtaining funding in terms of knowing the fixed term cost rate and management fees.

Maturity In Years:

The duration of the contract agreed upon between the parties, which shall indicate the date and expiry of the contract with the parties' with the terms of the contract

Monthly repayment amount:

These payments are recognized in the contract, and the lessee is obliged to pay them on the due dates. The contract shall also include a schedule of repayment installments, in which the value of the asset's rent and the value of the right of ownership shall be shown separately, provided that the premium for any period shall not be less than the principal's rent for that period in the contract.

Account maintenance fees:

Bank Service Cost
Monthly average balance less than SR 5,000 (SME Accounts) SR 10.5 monthly account maintenance fees “VAT inclusive”

Cash Sweeping

Cash Consolidation

Further Benefits of
Corporate Liquidity Management

  • Convenience

    Cash consolidation and cash sweeping can be done at anytime of the day.

  • SARIE

    Local consolidation and sweeping is possible via SARIE across all operating corporate bank accounts in Al Rajhi Bank’s local network.

  • Cash Forecasting

    Cash consolidation and sweeping allows you to determine an optimal cash position for better forecasting and decision making.

  • Physical or Virtual Fund Management

    Corporate Liquidity Management gives you the choice between physically moving funds through our Cash Sweeping service or virtually consolidating balances through our Cash Consolidation Feature.

  • Real time

    Real-time reporting of results shared with clients to help cash management decision making.

  • On Demand

    On-demand processing can be performed by our staff when requested by customers to help expedite liquidity management decisions.

How To Apply

FOR ENQUIRIES CALL:

tel:+966 800 1248 888