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 SWIFT Connectivity Enjoy safe and direct access to SIB and global banks through the SWIFT network. Support for Single Transactions Initiate individual transactions through a resilient platform, with support for internal and external transfers, SADAD, and MOI payments. Centralized Visibility Access end-of-day bank account balances and generate comprehensive reports to support efficient reconciliation. Robust Cash & Treasury Control Manage payments and settlements efficiently, including internal, local and international transfers. All-in-One Messaging Send and receive messages for payments and statements without relying on any other electronic banking system. Eligibility Criteria Documents Required How to Apply The applicant must have an active account with SIB. The applicant must be registered for the SWIFT service with SIB. Treasury unit or authorized department setup documentation Additional KYC forms as required by compliance Valid Commercial Registration Certificate National ID or Passport Copies of Authorized Signatories Completed Application Form Eligibility Assessment Contact our Cash Management team through Phone Banking at 800 124 8000 to request an eligibility assessment and express your interest in our SWIFT MACUG service. Configure Your SWIFT Access The bank will assist with your SWIFT access setup and message routing. Frequently Asked Questions What is SWIFT MA-CUG? It's a member-administered SWIFT channel allowing corporates to connect directly to banking networks via their SWIFT Network. Does it require internet banking? No. SWIFT MA-CUG provides a secure, direct connection to global financial networks via the SWIFT network without reliance on conventional internet banking. Can I send multiple types of financial messages? Yes. SWIFT MA-CUG allows sending and receiving multiple SWIFT message types, including payments and statements. How does it enhance control? It enables management of payments, and settlements, including internal transfers, local and international transfers, supporting robust cash and treasury control. Is it secure? Yes. The service provides secure connectivity through the SWIFT network and supports authentication. 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. /en/customer-care Corporate Offices Explore our corporate head-quarters and regional offices across the Kingdom. /en/business/corporate-banking-services/corporate-offices E-Banking Services Bank smarter and faster with our secure digital platforms. /en/e-banking-services