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Al Rajhi Bank join SADAD





Al-Rajhi Bank linked its system to Sadad on the 6th of August 2005; and now all of the bank’s accounts holders can use its banking channels to pay bills through SADAD (and non-account holders will be able to pay through branches and Cash Acceptance Machines). SADAD would like to congratulate the bank on it successful efforts and having a very skillful and professional integration team.
 
SADAD was established by the Saudi Arabian Monetary Agency (SAMA) to be the national Electronic Bill Presentment and Payment (EBPP) service provider for the Kingdom of Saudi Arabia (KSA). The core mandate for SADAD is to facilitate and streamline bill payment transactions of end consumers through all channels of the Kingdom’s Banks. SADAD aims to link all the banks and billers in the Kingdom in the near future.

Al Rajhi Bank is one of the largest joint stock companies in the Kingdom, with a paid up capital of SR 4,500,000,000. It has grown from a strong base, focusing on serving the needs of the nation and its citizens, contributing to the Kingdom's construction and development, and always operating within the framework of Shariah principles.