RiyadOnline - Corporate (otherwise known as ROLC) is Riyad Bank’s Internet Banking solution custom-tailored to the needs of businesses, corporate organization and governmental institutions. No matter how simple or how sophisticated your electronic banking requirements are, ROLC is built to meet your needs. Give it a try.

Benefits and Advantages of RiyadOnline - Corporate

This bilingual channel was designed to add value to your work, enhance control and efficiency of your financial management, and provide you with access to your bank anywhere, anytime. Using RiyadOnline - Corporate you will be able to:

Access all accounts associated with your organization, i.e. current, savings, time deposit, loan accounts as well as your corporate credit card accounts.
Execute all types of online payments individually or in bulk, including national and international transfers, transfers between your accounts, bill payments, government services payments, payroll files upload, and dividends distribution file uploads.
Setup standing orders for scheduled payments.
View or get eMail reports on your accounts, executed transfers, point of sale transactions, payroll payments, dividends payments, standing orders payments with the ability to download them in different formats.
Request checkbooks, stop checks and cancel stop check requests.
Book time deposit accounts.
Subscribe your users to various alerts by SMS or eMail using their preferred language.
Send inquiries / complaints and receive bank replies. Contact your relationship manager and view his/her contact information.
Administer RiyadOnline - Corporate by creating and maintaining multiple users and role of users, managing user or roles entitlements, financial limits and transaction approval rules.

For more information, call our toll free phone number 8001222444 or 920001816 or contact your relationship manager.

At Riyad Bank we adopt the latest in security technology the market has to offer. Some of the security techniques ROLC adopts:

Anti-phishing mechanisms that ensure the website you are logging into is in fact authentic
A double authentication process that requires all our customers to enter a username or ID, a security token code that is generated one-time and a login password
A transaction authentication process that is secure when performing payments through the use of a security token code as well
Flexible customer-defined approval rules when performing any transaction through the system

Trade Finance Solutions

It is a combination of transactions that makes the delivery of goods or services and receipt of payments in consideration thereof easy and acceptable to both buyer and seller. It is based on a prior assumption of having a party wishing to buy goods/ services from another and who is capable of paying the price required.

Benefits and Advantages

Easy settlement through our world-wide network of correspondent banks.
Our letters of credit provide financial support to your transactions.
Due to the application of International Chamber of Commerce-recognized practices, misunderstandings and risks of foreign markets are minimized.
Exporters maintain control of their goods through asking the bank to withhold title documents or stop shipping goods.
When governing terms and conditions are met, exporters and importers are assured of receiving their money and goods respectively on time and in good condition.

Trade Products

Trade products can be structured depending on customers’ needs. However, the standard trade finance products are:

Import / Export Documentary credits.
Documentary Collections.
Letters of Guarantee.
Supply Chain Solutions.
Avalization of bills for collection.
Time Extended Documentary Overdraft.
Bill Discounting.
Import and Export financing.

For more information, please call: 01-401 3030 Ext. 2287

What are Roles

Roles are roles defined by your organization that are used for assigning specific users to them. By creating roles with specific capabilities your organization is capable of defining constant roles, and assign users to them as needed.

Step 1

Create a Role

Let's say your organization needs a role responsible for administration, start by creating the role by clicking on "Create Role", and name it "Administration".

Step 2

Set Permissions

Set the required access rights for the role by selecting the appropriate set of functional capabilities.

Step 3

Assign Users to Roles

Once the role has been created you will able to assign any user created in the previous step to the role; one user may be assigned to multiple roles. These options can later on be administered through RiyadOnline - Corporate following successful completion of the enrollment process.

Step 4

Ali

Khaled

Samer

Abdullah

John

Sara

Ahmed

Reporting
Role

Admin
Role

Payments
Role

A verification code is a number that is delivered to your designated email address for security purposes; this will help us confirm on your behalf that you have entered a valid email.

An application code is a reference number generated once your enrollment application has been submitted for approval, this will help us track your request and help you get on board as soon as possible.

The documents needed to be submitted (along with a signed copy of your enrollment application by the authorized person and sealed by the company's stamp on all its sheets) including the following :

For companies:

Copy of the Users' IDs (the non-Saudi users must be under the same applied company's sponsorship).
company's registration.

For the Establishments :

Copy of the Users' IDs (only Saudi users).
company's registration.

Therefore, submit all these documents to any branch of Riyadh Bank.