Overview SWIFT MA-CUG (Member Administered Closed User Group) is a secure digital channel that enables corporates to exchange international payment messages directly with banks. It provides efficient, standardized, and reliable cross-border settlement solutions tailored to business needs. 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. Eligibility Criteria Documents Required How to Apply The applicant must have or open an account with SAIB. The applicant must apply for a B2B or the Business Online service. Business Standing Must operate as an established business entity in accordance with applicable regulations. Corporate Cash Deposit Card Eligibility Issued to agents working for the same corporate entity, holding a valid ID/Iqama, and under the company’s sponsorship. If not under the company’s sponsorship, proof of employment is required. 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. 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