Saudi Arabia
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Direct Debits
Direct Debits allow your customers to make regular payments from their current accounts direct to your organisation with the minimum of effort. Once a simple Direct Debit Agreement form has been completed, payments will continue automatically every month until they are requested to stop.
Direct Debits Agreement Benefits
Key Features & Benefits
- Convenient way for your customers to pay
- SABB will process all Direct Debit requests, whether they are with us or any other bank
- Direct Debits reduce your collection and processing costs. They also:
- Reduce your collection cycle time
- Save valuable time for you and your customers
- Minimise the risk of human error
- Allow you to control, monitor, and forecast your cash flow more easily
- Help ‘lock in’ your customers, making them less likely to switch to alternative service providers
- Improve your credit control
Designed for
- Suppliers, manufacturers, and organisations who receive large volumes of payments
- Utility companies
- Insurance companies
- Finance companies
- Installment sales companies
- Newspapers and magazines
Ready to apply?
Now
Or..
- Visit the nearest Branch...
- Call us..on Toll Free: 800 124 8888 within the Kingdom or +966 (0)1 440-8888 from a mobile/abroad
- Register in SABBNET "Internet Banking Services" and enjoy preferential fees
