SWIFT – MA-CUG Services

Gain direct access to your accounts through the global SWIFT network enabling secure, standardized financial messaging for inquiries and transactions.

Our MA-CUG (Member Administered Closed User Group) service allows corporate clients to connect their ERP or treasury systems directly to alrajhi bank using the SWIFT protocol. This provides centralized access to key financial services including payments, reporting, and treasury management across all your banking relationships. With a single, secure platform, you can streamline cash management, consolidate operations, and maintain full control over your banking activity locally and globally.

Key Characteristics and Benefits:

Seamless integration between Corporate financial system and Alrajhi payment system through a highly secured, reliable and scalable platform/network SWIFT standard connection.
Supports single and bulk (file-based) transaction execution.
Leverage on consistent, accurate and timely information to achieve higher level of cash visibility across accounts and banks.
Automated reconciliation reports to efficiently manage your settlement process.
Minimize risk by adopting highly secure, reliable communication channel to execute your financial transactions.
Gain better control over treasury, cash management, bulk transfers, and settlement operations via standardization.
Between the company’s internal accounts within alrajhi bank.
Transfer to beneficiaries within alajhi bank accounts, local banks & international banks.
Statements of Company Accounts.
Execute Payroll files.
Use of message types for payment transactions, foreign exchange, money market, securities, precious metals, and trade finance.
No dependence on specific e-banking solutions.
Full financial overview thanks to centralization of account and safekeeping account information.