Overview POS terminals enable merchants to accept approved electronic cards, including mada, Visa, MasterCard, AMEX, and international cards. Transactions are settled quickly and securely to the merchant’s Saudi Investment Bank account, with statements available through Corporate Internet Banking. Features & Benefits Secure Cash Collection Ensure the safety of your funds through professionally trained personnel and secure transport vehicles. Flexible Pickup Scheduling Schedule pickups based on your business needs, whether daily, weekly, or on demand. Direct Bank Deposits Deposit collected cash directly into your designated business accounts. Multi-Location Coverage Access services for single or multiple business locations. Regulatory Compliance Ensure operations follow local regulatory and security standards for cash transportation. Detailed Reporting Track deposits through transaction receipts and online banking. Complimentary POS ServicesInstallationGet your POS terminal professionally installed at no extra cost, so you can start accepting payments hassle-free.Preventative MaintenanceBenefit from regular maintenance services that ensure your POS terminals remain reliable and always in top working condition.SIM Card for GPRS terminalsReceive a complimentary SIM card with your GPRS-enabled POS, keeping your business connected and transactions seamless. Accept Payments Seamlessly Modern banking that makes life simpler and more rewarding Visa Spend globally with full digital control and exclusive travel perks. Mada Earn cashback, enjoy flexible payments, and get rewards for your lifestyle. Mastercard Access your money instantly with secure, everyday payments worldwide. AMEX Manage your budget easily with reloadable cards, instant use, and safe transactions. Eligibility Criteria Documents Required How to Apply Account Linking Requirement The Corporate Cash Deposit Card must be linked to a Current Account only. View full Terms & Conditions Completed Registration Forms Signed Agreement Forms Completed Application Form View full Terms & Conditions Open or Activate an SIB Corporate Account Open a Corporate Account with SAIB or use your existing account to access payroll services. Apply for B2B or Business Online Service Apply for the B2B or Business Online service to enable payroll and corporate transaction capabilities. Complete Registration Forms Fill out the required registration forms to enroll your company in the payroll service. Sign the Service Agreement Submit the signed agreement forms to finalize enrollment and activate payroll services. View full Terms & Conditions Frequently Asked Questions How are salaries processed? Businesses upload payroll files with employee account details, and payments are processed securely in bulk through SAIB’s payroll service. Can payments be scheduled in advance? Yes. Payments can be scheduled in advance to align with internal approval processes and payroll cycles. Is there a limit on the number of employees paid per batch? Payroll files can include multiple employees, allowing businesses to process salary payments in bulk through a single submission. What security measures are in place? Payroll transactions are processed through SAIB’s secure banking channels with defined authority levels and transactional limits. Who can use this service? This service is available to businesses that open or maintain a corporate account with SAIB and enroll in the B2B or Business Online service. We’re Always Within Reach Stay connected to your banking, through our customer care team, digital channels, and branches everywhere. Customer Care Submit inquiries, raise complaints, and access support anytime. /customer-care Branches & ATMs Easily locate branches and ATMs wherever you are. E-Banking Services Bank smarter and faster with our secure digital platforms. /personal/e-banking-services