Corporate Digital Banking B2B Solution

Introduction

The Saudi National Bank's B2B Direct Integration Channel for corporates is a secure way to send payment instructions, and receive settlement reports from their online Enterprise Resource Planning (ERP) systems by linking their accounting systems to SNB's payment processing engine.

COMPREHENSIVE PAYMENT SERVICE SOLUTION

SNB's payment solutions help you reduce the overall processing costs of local and international payments, saving you time and money, and increasing the efficiency of transactions through added value services to manage your banking needs.

And we realize the majority of effort in the payment cycle goes into obtaining required approvals, while difficulties in the budgeting process can have a significant impact on the overall business cycle. With our B2B Direct Integration Channel solutions, you will be able to track the status of each payment with timely reports integrated directly into the company's accounting system.

Features & Benefits

B2B Direct Channel Integration Transactions Management Includes:

Account management
Transaction inquiry
International and local payments and transfers
SADAD payments
SADAD MOI payments
Payroll management
Data and Reports (MT940, MT942)
Managing virtual accounts

Settlement and Collection Management Includes:

Advanced reports for budgeting
Electronic inquiry systems
Automatic integration with internal accounting systems

Benefits of a B2B Direct Channel Integration Include:

Reducing administrative and transaction costs
Reducing the risk of fraudulent transactions
Eliminate paper and courier costs
Reducing seller's inquiries
Digital platform that provides automated budgeting
Manage accounts safely and reliably

APPLYING IS EASY

How To Apply?

For more information, please send an email to SNB's Cash Management Department via Email: CashManagementAll@alahli.com